2-bedroom flat · DH7 0JU
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned first-floor apartment situated within the popular Croft Court development in the sought-after village of Lanchester, available exclusively to those aged 55 or over.
Offering approximately 605 sq ft of accommodation, this attractive apartment provides comfortable and manageable living with two bedrooms, a spacious lounge, fitted kitchen and shower room.
Positioned on the first floor, the property offers a practical layout with excellent natural light and would make an ideal home for those looking for independent living within a purpose-built setting.
Lounge A generous main living room providing plenty of space for comfortable seating and entertaining.
The room benefits from good proportions and a pleasant outlook, with a feature bay-style window helping to create a bright and welcoming space.
Kitchen A well-planned fitted kitchen positioned conveniently alongside the lounge. The kitchen provides a practical range of units and work surfaces, with space for the necessary appliances.
Its layout makes excellent use of the available space while remaining easily accessible from the main living area.
Master Bedroom A spacious principal bedroom with ample room for a double bed and additional bedroom furniture.
Built-in wardrobes provide useful storage, helping to keep the room practical and uncluttered.
Bedroom Two A versatile second bedroom which could be used as a guest room, hobby room or study, depending on the requirements of the new owner.
The room benefits from a good level of natural light and provides useful additional accommodation.
Bathroom The apartment benefits from a practical shower room, fitted with a shower enclosure, WC and wash hand basin.
Its position close to both bedrooms makes it particularly convenient for everyday living.
Important note to purchasers/tenants Making an Offer All offers must be supported with: A mortgage Agreement in Principle (if applicable) Proof of deposit and/or available funds Full details of your buying chain, including estate agents and solicitors Under Money Laundering Regulations, we must also see proof of id for all buyers before we can issue an offer acceptance letter or instruct solicitors.
Important Information We aim to provide accurate property details, but they do not form part of any offer or contract. Services and appliances have not been tested.
Photos, measurements, and floor plans are for guidance only and may not be exact. If you need clarification on anything, please contact us-especially if travelling a long distance to view.
For Buyers Any fixtures and fittings not listed should be confirmed with the seller directly. For Tenants Most properties have a minimum tenancy term-please ask the branch for details.
A security deposit of at least one month’s rent is required. Rent is paid monthly in advance. Tenants must insure their own belongings.
Tenants are usually responsible for all utility bills and Council Tax.
Referral Fees In accordance with the Estate Agents’ (Provision of Information) Regulations 1991 and the Consumer Protection from Unfair Trading Regulations 2008, we are required to inform you that we may receive referral fees for services offered to sellers and purchasers.
These may include: Conveyancing: We may receive an average referral fee of £120.00 inv VAT. Surveying services: We may receive an average referral fee of £120.00 inc VAT.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors 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
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FAQ
About 17, Croft Court, Lanchester
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