1-bedroom house · CM1 2UZ
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available This good size one bedroom retirement apartment is pleasantly situated within the complex of Spalding Court with views to the front overlooking the communal grounds and parking.
It is located on the fringe of the City centre with access to shopping facilities, restaurants, train station and bus services.
An internal viewing is recommended and the property is offered for sale with vacant possession available. Entrance Hall Large walk in airing cupboard, electric heater.
Lounge 6.63m (21'9) x 3.25m (10'8) Double glazed window to front with views over garden, electric heater.
Kitchen 2.57m (8'5) x 2.57m (8'5) Fitted with wall and base level units with roll edge worktops, single bowl stainless steel sink unit, eye level oven, four ring electric hob and cooker hood, recesses for appliances, splashback tiling, double glazed window to front.
Bedroom 5.66m (18'7) x 2.82m (9'3) Double glazed window to front, electric heater.
Shower Room Large walk-in shower cubicle, vanity unit housing wash hand basin, low level W.C, tiling to walls, extractor fan.
Communal Grounds The property is surrounded by communal gardens which also offers patio area and parking.
The photos are for illustration purposes as the flat is being completely refurbished but this is the style and quality of the landlords work.
Council Tax Band: Holding Deposit: £253.00 Retirement Apartment First Floor Level Overlooks Front Grounds One Bedroom Good Size Lounge Shower Room Electric Heating Communal Areas
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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