2-bedroom flat · NP19 0PW
No longer listedListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Available for rent is this very well presented two bedroom apartment situated just a stone?s throw from the City Centre.
The living accommodation briefly comprises; communal entrance leading to private apartment entrance hallway, open plan lounge/diner, stylish fitted kitchen complete with appliances, two double bedrooms and family bathroom.
The property further benefits from gas central heating, double glazing, allocated parking and is accessed via a secure intercom system.
In order to qualify for this property you must be able to provide evidence of a minimum household income of £31,500. No Smoking, Cash Deposit £1150, Council Tax Band B.
Please note that tenants with a vehicle must register the vehicle with the parking management company to avoid penalty enforcements. Information will be provided upon successful application.
The Zero Deposit Guarantee allows you to rent a property with the equivalent of one week's rent to be paid at the start of the tenancy.
In addition there will be a £59 administration fee which will also need to be paid prior to the tenancy commencing.
When you move out of the property the usual inventory and check-out take place and, as long as there is no damage or rent/bills outstanding, the Guarantee expires and you walk away.
If the landlord does claim for reimbursement, rather than this being taken out of a prepaid deposit in the traditional system, you simply pay the amount required to the landlord.
Any dispute between yourself and the landlord on this amount will be decided by the Tenancy Deposit Scheme.
Council Tax Band: B Holding Deposit: £241.00 Ground Floor Apartment 0.5 Miles To Train Station Allocated Parking Space Balcony Available December 2023! Epc B
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
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
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