1-bedroom flat · NN13 6DF
For saleReduced £10k (−8%) on 30 SepListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom Town centre apartment with accommodation over two floors, offers scope for updating and is an ideal first time or investment purchase cash only. NO ONWARD CHAIN.
The apartment is approached from Draymans Walk through a communal door serving number 11 and 15.
Once in the apartment, there is a bright, light hallway with roof lights a door leads into the living room and a further door to the inner hall.
The living room has a window overlooking Draymans Walk and two roof lights.
The inner hall has the stairs which rise to the first floor and a door into the kitchen which is fitted is comprehensively fitted with a circular stainless steel sink unit set below a window overlooking Draymans Walk.
Integrated domestic appliances include a four ring electric hob and a built-in single combination oven with an under counter space for another appliance.
The stairs rise to a small galleried landing with a storage cupboard and doors to the bedroom and shower room. The double size bedroom has two roof lights.
The shower room completes the first floor and is fitted in a white three piece suite. This apartment is leasehold the lease is understood to be 125 years from 1989.
The service charge is £1,095.00 per annum, the ground rent is £129.93 per annum.
A parking permit can be obtained from the landlord allowing one vehicle to park in a car park to the rear of the development which has access from Banbury Road.
Ultra-Fast Broadband 1,000Mbps Likely mobile for EE & O2, Limited for Three & Vodafone A parking space available separately Flood Zone 1 (low risk of flooding) For local planning please visit
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Draymans Walk, Brackley, Northamptonshire
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