1-bedroom flat · NN11 4GB
Listing removedListed 357 days
Opportunity summary
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About
***no upper chain***one bedroom***19ft lounge/diner***allocated parking space*** offered with no upper chain this one bedroom ground floor apartment within close proximity to the Town Centre.
In need of updating The property benefits from a kitchen with integrated stainless steel cooking appliances, 19'7 lounge/diner, bathroom and Upvc double glazed windows, communal lawned areas and allocated parking space.
Viewing is advised.
Epc-d Entered Via Entered from a communal hallway to Entrance Hall White panel doors leading to all rooms, airing cupboard housing hot water cylinder, telephone point Lounge/Diner (5.97m x 4.37m) Coved ceiling, Upvc double glazed windows to front and era aspects, TV point, walkway through to Kitchen (2.9m x 2.4m) Fitted with a range of beech effect base and eye level units to include drawer stack with work surfaces over to three sides, tiled splash backs, built in Baumatic stainless steel electric oven with inset stainless steel electric hob and extractor fan over, inset stainless steel single drainer sink unit with mixer tap over, space and plumbing for washing machine, space for full height fridge/freezer, built in full height storage cupboard with shelving, coved ceiling, Upvc double glazed window to rear aspect.
Bedroom (3.35m x 3.33m) To include two built in double wardrobes, Upvc double glazed window to side aspect, wall mounted Dimplex heater.
Bathroom (1.63m x 1.98m) Three piece suite comprising panel bath with mixer tap shower attachment and Gainsborough electric shower over, rail for shower curtain, pedestal wash hand basin and low level WC, tiling to water sensitive areas, shaver point, extractor fan, wall mounted Dimplex heater.
Outside There are communal lawned and planted areas to sides of the built with car parking to the side. Agents Notes The property is leasehold, with a 125 year lease from May 1989.
We understand the Ground Rent is £120 per annum and the Service Charge is Approx £129 per month
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
Agent & docs
FAQ
About Flat 4,, The Cloisters, DAVENTRY
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