1-bedroom flat · PE9 2DW
Listing removedListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a prime location, an unique spacious 1 bedroom apartment in Lumby House, which is full of character and bespoke features.
This apartment consists of Kitchen with appliances, lounge, cloakroom, en-suite shower room, communal landscaped garden & storage.1 allocated parking space.
HALLWAY: Wood effect flooring with neutral décor. LOUNGE: Beige colour carpet with neutral décor and bespoke curtains and blinds. Built-in TV unit.
KITCHEN: Wood effect vinyl floor with neutral décor and bespoke blinds.
The kitchen consists of a range of navy blue base and wall mounted units with integrated oven, four ring hob,microwave, dishwasher, fridge/freezer and washer/dryer.
CLOAKROOM: Wood effect vinyl floor with neutral décor. Wash hand basin and WC. MASTER EN-SUITE: Stone colour carpet with green décor and bespoke curtains. Two fitted single wardrobes.
EN-SUITE: White tiled floor with white tiled walls. Wash hand basin with vanity unit, WC, walk-in shower and heated towel rail. GENERAL: The rent includes all water and sewage charges.
The apartment has an electric central heating boiler and system. Each resident is permitted to use the landscaped communal gardens. All communal areas and gardens are maintained by the caretaker.
There are storage facilities for bicycles in the cycle store. There are allocated storage facilities for each apartment within the cellar.
The apartment has the right to use one allocated car parking space. The car parking facilities have restricted access and is controlled by an electric bollard.
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 Lumby House, St Marys Hill, Stamford, Lincolnshire
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