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See how verdicts work1-bedroom flat · GU21 5UB
For saleReduced £15k (−7.5%) on 12 OctListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive one bedroom apartment located on the 2nd floor of this modern development boasting stylish accommodation throughout.
Entering the property the spacious hallway has been upgraded with extra storage space providing a useful storage area for shoes and coats etc.
From the hall, a door leads to each the living room, bedroom and bathroom.
The kitchen/reception room is a bright open plan space, upgraded by our clients to feature a breakfast bar seating area whilst enjoying natural light from the dual aspect windows.
The kitchen itself boasts a range of wall and base level units with integrated fridge freezer, dishwasher, oven, hob and microwave and solid worksurfaces.
The open plan layout and generous proportions of this space allow for ample furniture for living and dining.
The double bedroom is both light and airy with tall ceilings and large built in wardrobes, with the room even accommodating space for a desk.
The property is completed with a family bathroom with tiled surrounds, bath with shower over, glass shower screen, hand basin and low-level WC.
Communal areas include a lift and a separate stairwell servicing all levels, as well as remote entry phone access. Outside there are well kept communal gardens and an allocated parking space.
The Basingstoke canal and local Superstore for groceries are just a short walk away adding to the overall convenience of this location.
Council Tax Band C - 2,206.25pa Leasehold - 246 years remaining Service Charge - circa £1,397.50 Ground rent - £0
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
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FAQ
About 55 Wells Court,, Albert Drive, Woking
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