1-bedroom flat · ME15 6RB
To rentListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bright and airy, recently refurbished ground floor maisonette with under cover parking and a sunny terrace to the rear.
Well decorated and presented arranged on one floor with electric heating and double glazing, extending to 500 sq ft.
Entrance Hall (6' 7'' x 6' 2'' (2.01m x 1.88m)) Double built in storage cupboard, understairs storage cupboard, built in linen cupboard with lagged copper cylinder and fitted immersion heater supplying domestic hot water throughout.
Living Room (16' 0'' x 13' 6'' (4.87m x 4.11m)) Double aspect windows featuring two windows to rear with blinds, south western aspect. Electric radiator.
Kitchen (6' 6'' x 5' 6'' (1.98m x 1.68m)) Well fitted with units having white high gloss door and drawer fronts, complementing working surfaces.
Stainless steel sink with mixer tap, range of high and low level cupboards incorporating four burner hob with stainless steel extractor hood above, oven beneath.
Plumbing for automatic washing, space for refrigerator, tiled splashbacks, vinyl flooring. Bedroom (12' 0'' x 9' 8'' (3.65m x 2.94m)) Window to front, radiator, double built in wardrobe cupboard.
Bathroom White suite, chromium plated fittings, panelled bath with electric shower over, curtain and rail. Extractor fan. Pedestal wash hand basin. Low level WC. Tiled splashback. Fan heater.
Outside Allocated undercover parking space, store room, communal gardens, sun terrace to the rear with timber balustrade, pleasant views.
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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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 1, Bank View, Tovil
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