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See how verdicts work2-bedroom flat · DE72 3XE
For saleListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern 1st floor apartment situated within the Cowslip Meadow development the property is situated close to the heart of the popular village of Draycott.
The property is sold with no upward chain and would make an ideal first time home or an investment.
The spacious accommodation briefly comprises of hallway, spacious lounge with Juliet balcony, fitted kitchen, two double bedrooms with en-suite shower room to the main bedroom and bathroom.
Outside there is allocated parking and communal gardens. EPC rating: C.
Tenure: Leasehold, Length of lease (remaining): 134 years 1 months, Main entrance hall The main entrance hall to the block of apartments is entered through a secured remotely operated front door and stairs taking you to the 1st floor landing where the front door to the apartment provides access.
Reception hall with a built-in cupboard housing the electric consumer unit, wall mounted electric heater and an airing/storage cupboard housing the hot water tank.
Lounge 3.9m x 3.7m (12'10" x 12'2") With double glazed French doors leading onto a Juliette balcony and a wall mounted electric heater Fitted kitchen 3.4m x 1.96m (11'2" x 6'5") Fitted with a range of units comprising of base units with cupboards and drawers with work surfacing over, range of wall cupboards, inset stainless steel sink with a mixer tap, bulit in electric oven and inset four ring electric hob with extractor over, automatic washing machine, fridge/freezer, tiled walls to the work surface areas, vinyl flooring and double glazed windows to the front and side elevations.
Bedroom one 3.6m x 4.3m (11'10" x 14'1") Having a double glazed window to the rear elevation and a wall mounted electric heater.
En suite shower room The en-suite to the main bedroom has a corner shower with a mains flow shower system and splash back tiling, pedestal wash hand basin with mixer tap and tiled splashback, low flush w.c.
and a chrome electric ladder towel radiator. Bedroom two 3m x 2.6m (9'10" x 8'6") Having a double glazed window and a wall mounted electric heater.
Bathroom Having a white suite including a panelled bath with a mixer tap, pedestal wash hand basin with a mixer tap and low flush w.c.
splash back tiling to walls, chrome electric ladder towel radiator, electric shaver point, extractor fan and double glazed window to the front elevation.
Outside There is a designated parking space and visitor parking provided and communal gardens which are maintained by the management company.
Agents Notes The property is leasehold with a 155 year lease which commenced 1.11.05, There is a ground rent of £180 p.a and a monthly service charge of £221.91.
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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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 Cowslip Meadow, Draycott, DE72
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