2-bedroom terraced house · LE15 9DJ
To rentListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming stone-built terraced cottage offering two good-sized bedrooms, front and rear gardens, and off-road parking for two cars.
The ground floor accommodation comprises a welcoming lounge with an ornamental fireplace, a fitted kitchen, a useful utility area and a bathroom.
The lounge features neutral décor and wood-effect flooring, providing a comfortable space to relax.
The kitchen offers a range of wall and base units with work surfaces and tiled splashbacks, while the utility area provides additional practical space.
Upstairs, there are two good-sized bedrooms, offering flexibility for use as sleeping accommodation, a guest room or a home office.
To the front, a small garden bordered by picket fencing complements the cottage's stone façade.
The rear garden features planted borders and a seating area, providing a pleasant space to enjoy the outdoors. Off-road parking for two cars is located to the rear.
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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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
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FAQ
About Fydell Row, Morcott
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