1-bedroom terraced house · PE30 4UX
Listing removedReduced £55 (−7.3%) on 5 AugListed 107 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Millsopps Lettings & Property Management offer this well presented One Bedroom House located within walking distance of the Queen Elizabeth Hospital and on the popular Springwood Estate.
The accommodation consists of living room, fitted kitchen, stairs & landing, bathroom and bedroom.
The property is presented very well throughout and further benefits from a parking space, is offered unfurnished and Available NOW.
Strictly no Pets Kitchen Vinyl flooring with fitted wall & base units, electric oven & hob, extractor fan, under stairs storage cupboard.
Living Room 11' 8" x 9' 8" (3.56m x 2.95m) Access to Kitchen & First Floor, electric storage heater, television and telephone point. Stairs & Landing Fully carpeted.
Bathroom Three piece suite comprising of bath with mixer tap shower function, low level WC and pedestal wash hand basin, vinyl flooring.
Bedroom 10' 3" x 9' 9" (3.12m x 2.97m) Fully carpeted, with large fitted mirrored wardrobes, airing cupboard and electric panel heater.
ADDITIONAL INFORMATION Relevant letting fees and tenant protection information As well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments Before the tenancy starts (payable to [Millsopps] ‘the Agent’) Holding Deposit equivalent to a maximum of one week’s rent.
Tenants Dilapidation Deposit: *5 weeks rent *(Tenants deposit - from 1 June 2019 landlords in England are limited to the equivalent of 5 weeks rent for new and renewed tenancies (or 6 weeks if the annual rent is £50,000 or more).
This is calculated by dividing the annual rent by 52 and multiplying by 5 (or 6 if rent is £50,000 or more) and will be required to be paid at the start of the tenancy) During the tenancy (payable to the Agent) Payment of £50inc vat if you want to change the tenancy agreement.
Payment of interest for the late payment of rent at a daily rate of permitted payment percentag...
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 Elvington, Springwood, PE30
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