2-bedroom flat · LU3 2EE
Sold STCListed 114 days
Opportunity summary
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About
Description ***MODERN AND CONTEMPORARY CHAIN FREE APARTMENT*** GREAT FIRST TIME BUY OR BUY TO LET INVESTMENT benefiting from ground floor open plan living and ALLOCATED PARKING.
DESCRIPTION: Internally the property briefly comprises of an entrance hall with secure entry phone system, open plan lounge/kitchen/diner and the kitchen comprises of a range of wall and base units, inset sink unit and space for all appliances.
There are two double bedrooms with an en-suite to the master comprising of a walk in shower unit, vanity wash hand basin, heated towel rail and WC.
There is also a lovely family bathroom comprising of a bath with shower over, wash hand basin, heated towel rail and WC. Externally there is allocated parking at the rear and one visitors space.
Heating is efficient and economical via gas to radiator heating whilst the windows are double glazed.
Located opposite a park with easy access to open countryside and approx 1.5 miles to Leagrave Thameslink railway station, this will see you at London St Pancras within approx 30 minutes.
Regular bus services to the town centre are available and it is close to local amenities. Council tax band B. EPC rating B.
The ground rent and servie charge is £140 per month and there is a lease of over 115 years remaining. EPC rating B.
map (opens in a new window) Ground FloorCommunal Entrance Hall:Kitchen/Diner: 22' 7'' x 15' 8'' (6.9m x 4.78m) Bedroom One: 13' 7'' x 11' 5'' (4.16m x 3.49m) En-Suite: 6' 3'' x 4' 11'' (1.92m x 1.52m) Bathroom: 8' 7'' x 4' 11'' (2.63m x 1.51m) Bedroom Two: 10' 2'' x 8' 6'' (3.12m x 2.6m) ExteriorAllocated Parking and Visitors Parking:Additional Information EPC Rating: B Kitchen/diner 4.78m x 6.9m Bedroom 1 3.49m x 4.16m En-suite 1.52m x 1.92m Bathroom 1.51m x 2.63m Bedroom 2 2.6m x 3.12m
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Catsbrook Road, Peddars Court, LU3
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