1-bedroom house · DL10 4GH
Listing removedListed 104 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful one-bedroom cottage offers a perfect blend of comfort and character.
3 Merchants Courtyard is situated in the centre of Richmond and is ideal for someone looking for a home in an area with easy access to local amenities.
Inside you'll find an open plan Lounge, Dining area and Kitchen as well as a good sized double bedroom and bathroom. Externally is a communal courtyard which is perfect for relaxation.
Richmond itself also has a variety of shops and eateries, all within easy reach.
Entrance Reception - Composite door leads into the entrance reception, sealed flagged floor, central heating radiator, stairs leading to first floor.
The wall mounted combination boiler is also located in the entrance reception. Open Plan Lounge/ Diner/ Kitchen - Stripped pine door leads into the open-plan Lounge, Dining and Kitchen space.
Sash UPVC double glazed window to the front of the property, central heating radiator.
The space has wood style Lino flooring throughout, TV and broadband points, range of wall lights, space for a dining table.
The Kitchen area has a range of base, drawer and wall units with work surfaces.
One and half sink unit fed by mixer tap, freestanding gas cooker with extractor, tile boarding to splash areas, an abundance of electric points and down lighting throughout the kitchen.
Landing - The landing features a conservation window to the rear and has ample space to locate a computer or table. Pine doors lead into the bathroom and bedroom.
Bedroom - A well-sized double bedroom with dual aspect UPVC double glazed sash windows, central heating radiator, TV points, useful over stairs cupboard, recessed area ideal for clothing rails.
Bathroom - Three piece suite comprising of panel bath with shower screen, shower bar fitted to wall, pedestal hand basin with mixer, low level W.C, tiling to part walls, wood effect lino throughout the bathroom, extractor, downlighting, conservation window to the rear.
Externally - Outside the property is a quiet communal courtyard that is ideal for relaxing.
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
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FAQ
About 3, Merchants Courtyard, Richmond
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