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See how verdicts work1-bedroom flat · LU7 0AA
For saleReduced £10k (−4.8%) on 21 JunListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this one bedroom first floor apartment - with share of freehold and a 997 year lease - located in the highly sought after village of Heath & Reach.
The property is situated in an exclusive conversion of only six apartments which forms part a converted vicarage that dates back to 1852.
Accommodation comprises: Communal entrance with entry phone system, lounge, kitchen/dining room, generous double bedroom and bathroom.
Additional benefits include gas heating, loft storage, communal gardens and allocated parking with visitor parking provisions. Viewing is highly recommended to appreciate this beautiful setting.
Location: Layout: Accessed via a communal entrance with secure intercom system, the front door opens directly into a bright lounge where the impressive ceiling height, a feature found throughout the apartment, immediately creates a sense of space and character.
From here, an inner hallway provides access to the remaining accommodation and incorporates a useful storage cupboard.
The kitchen/dining room is fitted with a range of wall and base level units with work surfaces over and spaces for a variety of appliances, whilst still providing ample room for a dining table.
A built-in cupboard and airing cupboard add further practical storage.
The bedroom is a particularly generous room enjoying a dual aspect which fills the space with natural light and comfortably accommodates a full range of bedroom furniture.
The bathroom is fitted with a three piece suite comprising a panel bath, pedestal wash hand basin and low level WC with tiling to water sensitive areas.
Outside: The property enjoys use of communal gardens which complement the attractive historic building and provide a pleasant outdoor environment for residents.
There is an allocated parking space together with additional visitor parking provisions. Disclaimer:- Measurements and floor plans are approximate and for guidance only.
Any prospective buyer should check all measurements. Floor plan coverings and fitments are for example only and may not represent the true finish of the property.
Services at the property have not been tested by the agent and it is advised that any buyer should do the necessary checks before making an offer to purchase.
Whether freehold or leasehold this is unverified by the agent and should be verified by the purchasers legal representative.
The property details do not form part of any offer or contract and any photos or text do not represent what will be included in an agreed sale.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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.
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FAQ
About Flat 4, Wellington House, Heath And Reach
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