2-bedroom property · AL1 5AE
Sold STCListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent and generously proportioned park home situated in an fantastic position on the popular Drakes Drive site close to the entrance with easy access to the local shops and bus services in to the city centre.
The accommodation includes a lounge, kitchen, two bedrooms, a bathroom with a white three piece suite finished with white double glazed PVC windows and external doors throughout.
Externally the property benefits from a rear garden offering an excellent private outdoor area to enjoy and relax.
The home offers great potential for updating and modernising making this home perfect for buyers keen to design and personalise their ideal living space.
The property has recently been improved with a new gas central heating system together with a replacement underfloor metal supports.
NB - There are no age restrictions on this site, so it is available to all purchasers, however it should be noted that this type of home is not eligible for a building society/bank mortgage.
Accommodation - Living Room - Dining Room - Bathroom - Bedroom - Bedroom - External - Garden -
Value & comps
No previous sales on record.
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 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 1 Park Home, Drakes Drive
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