2-bedroom flat
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Merritt Estates are delighted to bring to the market this well-presented 2-bedroom flat located in the heart of Spondon Village.
This stylish property is available immediatley and can be offered either furnished or unfurnished.
Merritt Estates are delighted to bring to the market this well-presented 2-bedroom flat located in the heart of Spondon Village.
This stylish property is available immediately and can be offered either furnished or unfurnished.
Accommodation comprises of an open plan Kitchen/lounge/dining area with integrated washing machine, dryer and freestanding dishwasher.
Modern shower room featuring a shower enclosure, hand basin and toilet. Master double bedroom and second single room. Enclosed parking to the rear.
Accompanied viewings are highly recommended, please contact Merritt Estates to arrange a viewing.
Or more information or to book your viewing please don't hesitate to contact Merritt Estates These lettings particulars have been prepared by Merritt Estates and produced in good faith on the instruction of the Landlord.
All measurements should be regarded as approximate. It is a mandatory requirement for a Lettings Agent to be part of a redress scheme.
Merritt Estates have membership with The Property Ombudsman (a government approved redress scheme). It is a mandatory requirement for a Lettings Agent to be part of a Client Money Protection scheme.
We are members of the Propertymark Client Money Protection (cmp) Scheme. Tenant permitted payments can be found on our website: Landlord Fees can be found on our website:
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.
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
Agent & docs
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FAQ
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