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See how verdicts work2-bedroom flat · RH20 3RD
No longer listedListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION Situated on the popular Abingworth Meadows development is this two bedroom apartment which has the benefit of being close to the Abingworth store and Café on site as well as the Village Hall.
The property benefits from an open plan living room/dining room/kitchen with a range of integrated appliances and space for eating with a breakfast bar area.
There is an en-suite bathroom to the main bedroom and a separate shower room. The property also has one allocated parking space.
ENTRANCE Front door to: ENTRANCE HALL 'L' shaped, two storage cupboards.
OPEN PLAN LIVING ROOM/DINING ROOM/KITCHEN 22' 11 maxiumum" x 12' 0 maximum" (6.99m x 3.66m) SITTING ROOM AREA Radiator, double glazed window, laminate flooring, inset ornate flame effect fireplace.
KITCHEN/DINING AREA Breakfast bar area with space for seating beneath, continuation of laminate flooring, range of wall and base units, single drainer stainless steel sink unit with mixer tap, integrated fridge/freezer, built-in oven with four ring electric hob and stainless steel extractor over, double glazed window, cupboard housing boiler, range of wood style working surfaces, concealed spot lighting.
BEDROOM ONE 12' 0" x 10' 8" (3.66m x 3.25m) Radiator, double glazed windows, door to: EN-SUITE BATHROOM Panelled bath with glazed shower screen and hand held shower attachment, part tiled walls, tiled flooring, spot lighting, w.c., inset wash hand basin, double glazed window.
BEDROOM TWO 13' 9 maximum" x 10' 6 maximum" (4.19m x 3.2m) Radiator, double glazed window.
SHOWER ROOM Fully enclosed tiled shower cubicle with hand held shower attachment, w.c., inset wash hand basin, spot lights. OUTSIDE PARKING There is one allocated parking space.
LEASE DETAILS 997 years remaining. SERVICE CHARGE Annual service charge is £1735.
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.
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