2-bedroom flat · DL10 4DN
Listing removedListed 66 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** FABULOUS EXECUTIVE APARTMENT ** SECOND FLOOR ** Living area with Juliet balcony | Modern open plan kitchen area | Two bedrooms with balcony type Velux windows | Modern bathroom with underfloor heating | Parking space | Town centre location This super apartment comprises of an entrance hallway, large living area and open plan kitchen area, two double bedrooms, and a bathroom.
The property benefits from modern electric heating, underfloor heating in bathroom, double glazing and offers the availability of satellite TV, Freeview, and digital radio.
The apartment is one of eight units beautifully renovated from The Old Cinema building.
It provides very individual living accommodation with plenty of character and offers superb access to Richmond town centre, being located just off the market place.
This second floor apartment is accessed via a large communal atrium with stairs leading up to the entrance door to the apartment.
Important Information - Deposit - £950 Council Tax Band C Deposit - the deposit is refundable at the end of the tenancy, subject to the property being left in the same condition as when it was taken.
Property Holding Fee - £190 is required at application stage to secure the property.
This is not an additional fee but rather will be deducted from the first months' rent at the outset of any successful tenancy.
The fee will be refunded if we are unable to proceed with your application, e.g. due to references. If however you decide not to proceed for any reason we will retain this fee.
Similarly, the fee will be retained if you fail Right to Rent checks, or if you have provided false or misleading information, or where you do not provide relevant information to assess your application.
On applying for a property we require a completed application from all persons on the tenancy agreement along with a deposit and photo ID.
If a guarantor is required, an application is required from the guarantor along with photo ID. If you wish to take a tenancy, we require credit, employers, and landlord references.
As a rough guide we recommend that the tenant's gross salary is equivalent to at least two and half times the monthly rental income.
Tenants are usually required to be prior residents in the UK for at least 6 months.
Where a Tenant is unable to meet the required income or credit checks, the Tenant may possibly have a Guarantor agree to underwrite any rent liabilities. Rent is due in advance.
The first month's rent must be paid in advance once the tenancy agreement is signed upon checking into the property. Further rental payments are due by standing order.
Rent is exclusive of all services and taxes unless otherwise stated.
Where the tenants have requested a change in the tenancy (such as swapping tenants), the landlord will charge a fee of £50 (including VAT) to make this change.
Entrance Hallway - Door opening into built-in cupboard offering good storage. Separate doors from entrance hallway open into bedrooms and bathroom.
Further door opening into, Kitchen Area - 4.31 x 2.75 (14'1" x 9'0") - Range of modern white glazed base and wall units with down lighting. Work surfaces with tiled splashbacks.
Built-in electric oven with four ring ceramic hob and stainless steel extractor hood over. One and a half bowl stainless steel sink unit with drainer and mixer tap.
Plumbed for automatic washing machine and dishwasher. Inset ceiling lights. Vinyl tiled effect flooring. Living Area - 6.26 x 6.02 (20'6" x 19'9") - Window to rear aspect.
Double doors with Juliet balcony opening onto side elevation. Two large Velux windows to side elevation, one of which opens as a balcony type window. Wall lights. TV and telephone points.
Electric radiator. Bedroom One - 3.70 x 3.40 (12'1" x 11'1") - Velux balcony type window to side elevation. Electric radiator.
Bedroom Two - 3.65 x 2.85 (11'11" x 9'4") - Velux balcony type window to side elevation. Window to front aspect. Electric radiator.
Bathroom - 2.42 x 1.67 (7'11" x 5'5") - Modern three piece suite in white comprising of panelled bath with shower over and glass shower screen; pedestal wash hand basin; and low level WC.
Mirrored vanity unit over sink. Inset ceiling lights. Vinyl tiled effect flooring with underfloor heating. Heated towel rail. Extractor fan. Separate door leading back into living area.
Outside - Outside to the rear of the property is a private car park with an allocated parking space and bin store.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About 2 Queens Road, Richmond
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