2-bedroom flat · S62 6FL
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £110,000 to £115,000. A spacious TWO Bedroom second floor apartment situated in the highly sought after Durham Way, Parkgate.
Beautifully presented throughout, this property is not to be missed and offers an excellent opportunity for FIRST TIME BUYERS, INVESTORS , or those looking to DOWNSIZE.
Conveniently located with excellent transport links, including a short walk to the tram station, and an abundance of local amenities right on your doorstep, this apartment truly ticks every box.
For investors, the property offers an achievable gross rental yield of approximately 7.25% , making it an attractive buy-to-let opportunity.
The accommodation briefly comprises a welcoming Entrance Hall with excellent built in storage, leading through to a spacious open-plan Lounge, Kitchen, and Dining area.
The bright living space benefits from a Juliet balcony, offering sweeping views and an abundance of natural light.
The modern fitted Kitchen comes fully equipped with integrated appliances, including a fridge freezer, oven and hob, washing machine, and dishwasher, making it ideal for modern living.
There are two generously sized Bedrooms, with the master Bedroom featuring built-in wardrobes and a stylish en-suite shower room comprising a shower cubicle, wash hand basin, and WC.
The contemporary family Bathroom is fitted with a full-sized bath with shower over, wash hand basin, and WC.
Externally, the property benefits from an allocated parking space, ample visitor parking, and the added bonus of a secure outdoor storage unit.
Further benefits include uPVC double glazing, gas-fired central heating via a combi boiler, newly fitted carpets and neutral décor, making this a true move-in-ready home.
Early viewing is highly recommended to fully appreciate everything this fantastic apartment has to offer.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Durham Way, Parkgate, S62
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