2-bedroom flat · SN16 9UE
Listing removedReduced £50 (−5%) on 15 AugListed 89 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented first floor flat, one of only four flats located on this popular development known as Reeds Farm. Communal entrance hall with stairs leading up to the flat. Entrance hall.
Good size reception room with electric fire. Fitted kitchen with cooker, fridge freezer, washing machine and tumble dryer. Bathroom with shower over bath. One double bedroom and one single.
Gas central heating. Private outside garden with shed and summerhouse. Allocated parking for 2 cars. Not suitable for pets or smokers. 12 month contract preferred. Council Tax Band - A.
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
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