1-bedroom flat · PE28 3YR
Listing removedListed 140 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First floor one bedroom furnished flat with allocated parking space in village location Material information: Gas central heating Mains sewerage and water (billed by Cambridge Water) Broadband download speed Ultrafast 1800mb (approximately) Entrance Hallway Front door entrance.
Built-in cupboard Lounge Good-size room supplied with settee, chair, television stand and coffee table Kitchen Range of fitted units with built-in gas hob, electric oven, extractor hood, fridge/freezer and washing machine Bedroom Double bedroom.
Supplied with double bed frame and mattress and triple door free-standing wardrobe Bathroom Newly fitted white suite comprising wc, basin and bath with shower over Outside Allocated parking space Communal garden area
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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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.
Area
Agent & docs
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FAQ
About 2, Providence Close, Somersham
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