2-bedroom flat · CM7 1GQ
To rentListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
HALLWAY Entrance hallway with doors to KITCHEN LIVING AREA Open plan kitchen and living area, double doors leading out onto balcony / terrace BEDROOM 1 Door to en-Suite EN-SUITE Large shower cubicle, wash hand basin and WC BEDROOM 2 Built in double wardrobe BATHROOM Panelled bath, wash hand basin and WC AGENTS NOTES Holding Deposits A holding deposit equal to 1 weeks rent is payable to start an application.
Successful Applications - holding deposits will be offset against the initial rent and deposit with the agreement of the payee.
Fees payable in accordance with the Tenant Fees Act 2019 Additional variable charges may apply during the course of the tenancy or at the end and are detailed within the tenancy agreement, for example; Default of Contract - Late payment charge, at 3% above the Bank of England's base rate for each day the payment has been outstanding (after 14 days form the rent due date) Default of Contract - Loss of Keys - The reasonable cost incurred by the landlord or Agent for the replacement of lost keys.
Contract Variation - Admin Charge - £50.00 Contract Termination - Admin Charge - £50.00 (plus any reasonable Landlord costs by prior agreement) Deposit: A deposit equal to 5 weeks rent (6 weeks rent where the annual rent is greater than £50,000.00) will be required.
The deposit and first months rent is payable once references have been passed as "Acceptable" and a minimum of 48 hours prior to the start of a tenancy.
Bartlett Hammond are members of Property Redress Scheme (PRS) Client Money Protect (CMP) My Deposits
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
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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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