2-bedroom terraced house · OL16 3RT
Let agreedReduced £30 (−3.2%) on 29 SepListed 31 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NO APPLICATION FEES / AVAILABLE NOVEMBER 2024 / MID TERRACE PROPERTY / TWO BEDROOMS / LARGE BREAKFAST KITCHEN / ON STREET PARKING / REAR GARDEN / WELL PRESENTED THROUGHOUT / VIEWINGS HIGHLY RECOMMENDED *** We are very pleased to offer to the rental market this two bedroom mid terrace property situated in a popular residential location offering good access to local amenities.
The property benefits from double glazing & gas central heating with the accommodation comprising briefly of lounge, breakfast kitchen, first floor landing, two double bedrooms and three piece family bathroom.
Externally to the front is on street parking with a rear garden with gated access, paved patio seating area, planted beds and mature trees.
The property is available from November 2024 and internal viewings coming highly recommended to fully appreciate the size and finish of the property on offer.
We suggest early viewings to avoid disappointment.
Lounge Front facing double glazed window and entrance door, radiator, exposed brick feature walls, meter cupboard, feature fire place, wall lights and open plan through to the breakfast kitchen.
Breakfast Kitchen Rear facing double glazed window and door giving access to the rear yard, radiator, modern fitted kitchen with a good selection of wall and base units, complimentary work surfaces with splash back tiling, wall mounted boiler, electric hob, extractor and oven, sink and drainer, plumbed for automatic washing machine, dining area and staircase leading to the first floor.
First Floor Landing Storage cupboard and loft hatch. Bedroom One Front facing double glazed window, radiator, double room, feature fire place with feature cast iron fire.
Bedroom Two Rear facing double glazed window, radiator, double room.
Bathroom Rear facing double glazed window, heated towel rail, three piece suite in white comprising WC, pedestal sink and panel bath, electric shower, tiled walls and flooring and shaving point.
Garden Gated access, paved patio seating area, planting beds and mature trees. Parking - On street On street parking.
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
FAQ
About Wolseley Street, Newhey, OL16
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