2-bedroom flat · HR6 0ST
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One Lettings are proud to present this spacious two bedroom first floor flat located in the ever popular area of Leominster brought to let unfurnished and available immediately.
Please ensure you read the full advert before applying. Should you wish to be considered for this property, please email the office in the first instance.
Important Notes This property is subject to a local connection restriction under a Section 106 (S106) agreement.
Applicants must have a strong connection to Leominster, meeting at least one of the following criteria: Have lived in Leominster continuously for the last 12 months Are currently employed in Leominster, or intend to move to Leominster to take up employment.
Need to live in Leominster to provide support to, or receive support from, a close family member who has lived in Leominster continuously for the last 12 months And all applications will be subject to a referencing process.
Property Information Property Type: Flat, with open plan living room and kitchen Floor Level: First floor Bedrooms: 2 Max Occupancy: 3 people Pets Allowed: Yes - with written permission Bathroom Type: Bathroom with shower over bath Parking: 1 allocated parking space Garden: Shared Heating Type: Gas Rent Information Basic Rent: £113.48 Service Charges: £19.44 per week Total Rent: £132.92 per week Housing Association property so will have no kitchen appliances and tenant may have to supply own carpets/floor coverings.
Please note, we are advertising this property for a Housing Association, and they do not organise viewings for any of their properties prior to anyone taking them.
Applicants are referenced first, then if they pass are put forward for the property.
The first time that you are actually able to see inside the property is the day that you are due to start the tenancy and you will already have signed part of the tenancy agreement.
The tenancy agreement only becomes a 'contract' once the landlord has signed and dated it and we will only do this when they agree to enter into the tenancy, having viewed the property.
If, at the sign up appointment, the applicant decides that the property is not for them, they can terminate entering the tenancy before they commit to the contract, meaning they can walk away with zero obligations at that point.
No monies are requested until the applicant has entered into their tenancy.
If the applicant has already given notice to vacate to their current landlord then they can simply retract their notice and remain living in the property as before.
Please only proceed to apply if this method sounds suitable for you.
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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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
Agent & docs
FAQ
About 14, Longfield Way, Leominster
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