2-bedroom flat · GL50 4TE
Under offerListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Formerly a dental practice, a change of use application from commercial to residential is currently in progress.
Once obtained, the property will comprise a living room, two bedrooms, a kitchen, and a bathroom. Although the flat enjoys a good layout, upgrading is required throughout.
The property is located above the shopping parade and is accessed via external stairs.
Additional benefits include a private storage shed and allocated parking, with two permits provided per apartment for the rear car park.
The property also features double glazing and gas central heating. Available with no onward chain. Tenure: Leasehold. 124 years remaining on Lease.
Service Charge: £1,113 per annum Ground Rent: £52.50 per annum Council Tax Band: A EPC Rating: D • Property Type: Purpose built first floor flat. • Construction: Standard (Brick & Tile).
• Utilities: Mains gas, electricity, water, and sewerage. • Parking: Two allocated parking spots in communal car park. • Broadband Speed: Ultrafast (up to 5500 Mbps).
Mobile Signal: Indoor signal variable to good from major providers. Buyers are encouraged to check their specific provider via the Ofcom checker. • Building Safety: No known issues.
• Restrictions/Covenants: None. • Rights & Easements: None known. • Flood Risk: Very Low from rivers, sea, and surface water. • Planning Permission: None in the last five years.
• Mining: Not in a coalfield or a known mining area. Agents Note These particulars are intended as a guide and do not form part of a contract.
While we endeavour to ensure accuracy, we have not tested any services, appliances, or specific fittings. All measurements are approximate and should not be relied upon for flooring or furniture.
Under the Consumer Protection from Unfair Trading Regulations 2008, we have a duty to disclose material information.
Please review the full property details or contact the office for specific information regarding tenure, utilities, and environmental factors before proceeding.
Anti-Money Laundering (AML) To comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, Young & Gilling Ltd are required to verify the identity of all vendors and purchasers.
We use a combination of physical document checks and electronic verification.
Prospective purchasers and vendors will be asked to provide proof of identity (e.g., Passport or Photo Driving Licence) and proof of address.
We are also required to verify the "Source of Funds" for any purchase. We appreciate your cooperation in helping us meet these legal obligations.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Windyridge Gardens, Wyman's Brook
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