1-bedroom house · HD4 6BL
Listing removedListed 85 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ROOM 1 The house forms part of a purpose-built multiple occupancy home development in the popular area of Lockwood, with a range of amenities nearby and just a short walk to the town centre and the University.
Externally the property has off road parking for both residents and visitors and comes on a first come first serve basis.
The property has been specifically designed as a shared home and works brilliantly. The ground floor of the property is the heart to the home and has a large open plan living room and kitchen.
The kitchen has a modern feel with a range of stylish wall and base units with all appliances in place; appliances include oven / hob, fridge / freezer, dishwasher and washing machine.
The living room area is a great space. The first and second floors of the house each house three modern and spacious bedrooms (six in total) complete with an en-suite shower room in 2 of the rooms.
The other 4 rooms share 2 additional bathrooms. Each bedroom is a similar size and complete with the same furniture.
The rooms come complete with double bed, wardrobe, bedside table, desk, office chair and shelving!
The en-suite shower rooms are fully fitted with shower, toilet, and basin in a modern finish - again, each en-suite is very similar in size.
The house has a modern heating system and double-glazed windows. Please contact Martin & Co on to discuss the houses - please don't miss out, call now!
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 Lockwood Scar, Lockwood
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