2-bedroom flat · CV9 1NR
Listing removedListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming area of Lodge Close, Mancetter, this delightful two-bedroom ground floor apartment presents an excellent opportunity for those seeking a new home or investment.
The property boasts a living / kitchen area, perfect for relaxing or entertaining guests. With two bedrooms, this apartment offers ample space for comfortable living.
The bathroom is functional and ready for your personal touch.
While the property is in need of some decoration, this allows you the freedom to create a space that truly reflects your style and preferences.
One of the standout features of this apartment is that it comes with no chain, making the buying process smoother and more straightforward.
The current owner has an insurance policy in relation to the short length lease as the freeholder is absent without trace.
Situated in a peaceful neighbourhood, the apartment benefits from a sense of community while still being conveniently located near local amenities.
This is an ideal opportunity to secure a property in a desirable location. Don’t miss your chance to make this apartment your own.
Entrance - Via double glazed entrance door leading into: Entrance Hall - 4.79m x 0.87m (15'9" x 2'10") - Radiator, wooden laminate ceramic flooring, opening though to living kitchen and doors to: Bedroom - 3.10m x 2.65m (10'2" x 8'8") - Double glazed window to front, radiator, textured ceiling.
Bedroom - 1.93m x 2.65m (6'4" x 8'8") - Double glazed window to side, radiator, textured ceiling.
Bathroom - 3.66m x 1.35m (12'0" x 4'5") - Fitted with three piece suite with comprising, panelled bath with shower over and glass screen, pedestal wash hand basin and low-level WC, tiled splashbacks, extractor fan, obscure double glazed window to front, radiator, wooden laminate ceramic tiled flooring, textured ceiling with sunken ceiling spotlights.
Storage - 0.68m x 1.35m (2'3" x 4'5") - Storage cupboard Living / Kitchen - 3.84m x 5.06m (12'7" x 16'7") - Fitted with a matching range of base and eye level units, stainless steel sink unit with tiled splashbacks, space for fridge/freezer, electric fan assisted oven, four ring ceramic hob with extractor hood over, two double glazed windows to rear, radiator, wooden laminate ceramic tiled flooring, textured ceiling with sunken ceiling spotlights.
Store - 1.22m x 0.60m (4'0" x 2'0") - Wall mounted gas combination boiler serving heating system and domestic hot water.
General Information - Please Note: All fixtures & Fittings are excluded unless detailed in these particulars.
None of the equipment mentioned in these particulars has been tested; purchasers should ensure the working order and general condition of any such items.
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
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FAQ
About Lodge Close, Mancetter
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