1-bedroom flat · TF1 6UT
Listing removedListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Calling all first time buyers & investors Situated in the popular residential area of Leegomery, this well presented first floor flat offers comfortable and convenient living, ideal for first-time buyers, downsizers, or investors.
The accommodation briefly comprises an entrance hall with stairs leading to the first-floor landing.
The heart of the home is a bright and spacious living room with ample space for both lounge and dining furniture.
The property features a newly fitted kitchen equipped with a range of base units (please note there are no wall units). Further improvements include: • Newly fitted bathroom with a modern suite.
• New replacement radiators installed throughout the property. • Upgraded electrics for peace of mind. • New tiled floors where applicable, adding a fresh and contemporary finish.
The property also benefits from a generously sized double bedroom complete with a built-in wardrobe.
Location & Lease Details The flat is perfectly positioned for easy access to local shops, amenities, and public transport links.
Telford Town Centre, the Princess Royal Hospital, and major road networks are all within easy reach. • Tenure: Leasehold (approximately 87 years unexpired). • Service Charge: £39 per month.
• Ground Rent: £10 per annum. Early viewing is highly recommended to appreciate the quality of the recent upgrades and the convenient location on offer.
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 31, Leicester Way, Telford
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