2-bedroom flat · NN18 9FL
Let agreedListed 32 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lettingsupermarket.com are delighted to offer this 2 bedroom flat which is offered Unfurnished. The property also benefits from UPVC double glazing and Gas Central Heating.
Property Description: This lovely two bedroom unfurnished first floor coach house, which comprises of Lounge, Open Plan Kitchen Bathroom and 2 Bedrooms.
There is gas central heating in the property and also an Oven & Hob. There is parking available to the rear. This property is located within easy reach of the town centre and all amenities.
Early viewing is recommended.
Rent £795 per calendar month in advance Deposit £915 or available on a Zero Deposit Scheme(equivalent to one weeks rent - non refundable) A holding fee of one weeks rent £183 must be paid at the start of referencing and is to be held whilst referencing is being completed.
This will be deducted from the 1st months rent upon successful completion of referencing.
All applicants will need to pass credit check, proof of income, affordability, and previous landlord referencing process to be carried out by a third party.
Minimum Affordability Salary per annum is £23,850 for one applicant or shared between applicants dependent upon individual salary.
The holding deposit can be retained if the applicant provides misleading information, fails a Right to Rent Check, withdraws from the property, or fails to take reasonable steps to enter into the tenancy.
Should referencing not be completed successfully then the monies will be returned within 5 working days.
Stipulations: No Pets or Smokers Inventory and Schedule of Condition: An inventory and photographic schedule of condition of the property will be taken and will be incorporated into the tenancy agreement.
Tenancy: 12 Month Assured Periodic Tenancy Applications for The Tenancy: Please contact Lettingsupermarket.com on or email and a link to our offer form will be emailed to you.
Please note that applications prior to viewing will not be accepted without prior agreement.
Viewing: Strictly by appointment with lettingsupermarket.com Client money protection: Client Money Protect Redress scheme: Property Ombudsman Kitchen Living/Dining Room Bedroom 1 Bedroom 2 Bathroom
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Redgrave Drive,
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