2-bedroom flat · TF1 3NS
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Representing a great first-time purchase or investment opportunity is this spacious first floor apartment near Wellington centre.
Having the benefit of no upward chain and a long lease the property comprises of an entrance hall with built in storage cupboard, spacious open plan sitting room/kitchen with a refitted kitchen and breakfast bar, two bedrooms and a shower room.
UPVC double glazing and warmed via gas fired central heating. With secure, gated parking to the front. Early viewing is highly advised.
Lease info - Start Date- 25th March 2019 Lease Term- 999 Years Years Remaining- 992 Years End Date- 25th March 3018 Ground Rent - tbc Service Charge- tbc All services are mains connected One allocated parking space Ultrafast Broadband available* Mobile coverage from all four major networks available* *Results provided by Ofcom and correct at time of listing
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 7 Hordley Court,, Hordley Road, Telford
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