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See how verdicts work1-bedroom flat · CA28 8AE
Listing removedListed 120 daysAuction 21 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction on Tuesday, 21 Jul 2026 ending at 11:53 A ready-made buy-to-let investment comprising a well-presented one-bedroom apartment, let to an established tenant at £500 pcm, providing immediate rental income from day one.
An excellent opportunity to acquire a well-presented one-bedroom apartment offering immediate rental income from an established tenant paying £500 pcm.
The tenant has an excellent payment history, with rent fully up to date and no arrears, making this an attractive hands-off investment.
Situated within the Glenholme development, the property enjoys a pleasant outlook over mature woodland while remaining conveniently located for Whitehaven town centre, local amenities and transport links.
Internally, the accommodation comprises a bright open-plan lounge/kitchen with fitted units, a spacious double bedroom and a three-piece bathroom.
The apartment is well maintained throughout and benefits from electric heating and double glazing.
This ready-made investment offers reliable income from day one, appealing to both seasoned landlords and those looking to add a straightforward buy-to-let to their portfolio.
Accommodation Entrance hall Open-plan lounge/kitchen Double bedroom Bathroom Tenure Leasehold.
Investment Opportunity Let to an established tenant Rental income of £500 pcm (£6,000 per annum) Rent paid on time with no arrears Immediate income-producing asset A low-maintenance investment property generating an immediate income, with a proven tenant already in situ.
Tenure: Leasehold EPC Rating: E Portrait Video Tour False Additional Fees Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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.
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FAQ
About Flat 5 Glenholme, Whitehaven
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