1-bedroom flat · DL10 4PT
Sold STCListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of this well established and popular development, this ground floor flat will appeal to a variety of buyers.
Ideal for first time buyers, investors or those looking to downsize, it is nicely presented and is being offered CHAIN FREE. ENTRANCE HALL With two useful storage cupboards.
OPEN PLAN LIVING AREA With space for a seating area, a small table and a kitchen. The Kitchen is fitted with a range of wall and base units with complimenting countertops.
Integrated into the units are a gas hob and an electric oven. There is a sink and plumbing for a washing machine.
The Seating Area has a marble hearth, a TV point, a large storage cupboard and two upvc double glazed windows to the side of the property.
BEDROOM With a radiator and a window to the front of the property. BATHROOM Fitted with a white suite which comprises a panelled bath with a shower over, a WC and a wash hand basin.
There is a radiator and a upvc double glazed window. EXTERNAL To the front of the property there is a communal parking area.
ADDITIONAL INFORMATION The postcode is DL10 4PT and the Council Tax Band is A. The property has gas central heating. The property is Leasehold and is subject to a 125 year lease dated April 1989.
The Ground Rent is £10 per annum. The Service Charge is approximately £100 per annum.
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.
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About Alexandra Way, Richmond
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