2-bedroom flat · NN11 0PN
Listing removedReduced £10k (−9.1%) on 25 JunListed 187 days
Opportunity summary
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About
Offered for sale with no upper chain is this ***ground floor apartment*** located close to daneholme park and local amenities.
Positioned on the ground floor the accommodation comprising entrance hallway, living room, kitchen/dining with integrated appliances, two bedrooms, ensuite and bathroom.
Outside is allocated and visitor parking and communal grounds. Benefits include secure entry system and Upvc double glazed windows. Close to local shop, school and field with play area.
Viewing is advised. EPC - C Entered Via A security door into a communal hallway with a wooden door leading to the ground floor accommodation. There are stairs rising to additional floor.
Hallway Doors leading to all rooms, intercom system for access, fuse box and airing cupboard.
Lounge/Kitchen Diner (6.83m x 3m) This living room of the space has two Upvc double glazed windows to the side and rear aspect, storage heaters and pendant lights.
The kitchen area has wood laminate flooring to separate the space, base and eye level units with rolled edge work surfaces over, stainless steel single drainer sink unit with mixer tap over, Upvc double glazed window to rear aspect, smoke alarm, built in fridge freezer, built in washing machine, inset oven with hob and pull out extractor fan over.
Bedroom One (4.42m x 3.15m) Upvc double glazed Patio doors to side aspect, electric storage heater, built in double wardrobe with sliding mirror fronted doors.
Bedroom Two (3.43m x 3m) Upvc double glazed window to rear aspect, electric storage heater.
Ensuite Bathroom (1.8m x 1.6m) This en-suite is fitted with close coupled WC, pedestal wash basin and shower cubicle, tiling to water sensitive areas and extractor fan.
Bathroom (2.29m x 1.6m) Fitted with a white three piece suite comprising of a close couple WC, pedestal wash hand basin, panel bath with shower attachment over, chrome heated towel rail, tiling to water sensitive areas and extractor fan.
Outside The apartment block has communal gardens with car parking to the front, allocated parking bay, visitor parking and a communal bin storage unit.
Agents Note The lease is for a term of 125 years from 1 January 2007. Approx service charge £1120 and ground rent £125.00 per annum .
The ground rent increases every 25 years of the term in line with the current proportion of the capital value of the property.
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 54, Daneholme Close, Northamptonshire
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