1-bedroom flat
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely ground floor flat located in this pleasant residential area of Ouston. The property has been enhanced with double glazing and has been recently updated by the current owners.
Ideal for the single person the property briefly comprises of entrance vestibule, open plan lounge/kitchen with large window allowing plenty of natural light, double bedroom and shower room.
Early viewing is recommended.
Entrance Hall Lounge/Kitchen (5.44m x 2.77m (17'10 x 9'1)) Bedroom (3.56m x 2.24m (11'8 x 7'4)) Shower Room (1.75m x 1.68m (5'9 x 5'6)) External Disclaimer Lettings We require One month’s rent in advance = £550 One month’s rent as a damage deposit = £550 To hold this property from other viewings while references are carried out, we require one weeks rent as a holding deposit.
The particulars on these properties are set out as a general guidance for intended for tenants contracts The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
Tenants should not rely on them as statements of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Items shown in photographs are not included unless specifically mentioned within the particulars. Measurements have been taken using a laser distance meter and may be subject to a margin of error.
For further information see the Consumer Protection from Unfair Trading.
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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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 Arcadia, Ouston Chester Le Street
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