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See how verdicts work1-bedroom flat · NN1 5ST
Sold STCListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property number 53930.
Enquire through Zoopla's messaging system and we'll respond within 5 minutes, 24/7 Chain-free, vacant one-bedroom flat with allocated parking and private balcony, ready to move into immediately - ideal for first-time buyers and investors, conveniently located 5 minutes’ walk from Northampton General Hospital.
Only 4 flats in the block. The accommodation comprises an entrance hall giving access to all rooms, with two large storage cupboards.
One is particularly spacious, almost the size of a small room (1.15m x 2m), and is fitted with a wooden storage structure.
The other houses the boiler, which is only five years old, while both provide excellent additional storage.
The very spacious lounge has doors opening onto a private balcony, providing a pleasant outdoor space.
The kitchen has space for white goods, plenty of wall and base units, as well as another useful storage cupboard.
Completing the accommodation is a good-sized double bedroom and a modern three-piece bathroom suite.
Further benefits include a communal storage cupboard on the ground floor and residents’ gated parking. Key improvements: 1.
Complete heating system upgrade, investment of close to £10,000: Nearly unused 5-year-old gas boiler with documented annual servicing, New copper pipework throughout, New radiators installed 2.
Useful internal box room (1.15m x 2m), with carpet, radiator and wooden storage structure, currently used for storage 3.
An additional 25cm of thermal insulation added last year in the loft, on top of the existing 15cm insulation 4.
New copper mains water stopcock and water supply pipe installed last year, allowing quick and safe isolation of the flat's water supply, new smart water meter installed Included in the sale price with no additional cost to the buyer are the following furniture and white goods: New ikea brimnes Wardrobe with 3 doors (worth £179), new ikea brimnes Chest of 3 drawers (worth £99), Fridge freezer – 3 years old, Electric Cooker with oven – 3 years old (oven never used), beko 8 kg Washing machine – 3 years old Service Charge: £1109.76 per annum Ground Rent: £10.00 per annum Lease: 92 Years Remaining All these informations would need to be verified by your chosen legal representative!
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
FAQ
About 85, Vernon Walk, Northampton
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