2-bedroom flat · LU7 1RX
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Watsons are delighted to offer for let this converted character two bedroom ground floor apartment conveniently located in the Town Centre which is within walking distance of the mainline Train Station.
The property is one of three converted apartments with accommodation comprising: Lounge, kitchen with appliances, two bedrooms and a large bathroom with separate shower cubicle and bath.
Additional benefits include gas central heating, and one allocated parking space. The property is offered Unfurnished and is available early November.
*** file photographs used for marketing *** Lounge (3.76m x 5.38m (12'4 x 17'8)) Kitchen (3.38m x 3.15m (11'1 x 10'4)) Bedroom One (3.38m x 3.28m (11'1 x 10'9)) Bedroom Two (3.53m x 2.59m (11'7 x 8'6)) Bathroom Allocated Parking: One Car
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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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 Flat 1 Lake House, 20-22 Lake Street, Leighton Buzzard
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