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See how verdicts work2-bedroom flat · NN15 5FF
Listing removedListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain is this modern and well presented two bedroom first-floor apartment, situated within the popular town of Burton Latimer and conveniently positioned close to a range of local amenities.
Constructed in 2010, the property offers contemporary living throughout and would make an ideal purchase for a first-time buyer looking to take their first step onto the property ladder through the shared ownership scheme.
The accommodation is entered via a welcoming entrance hallway which provides access to all rooms and benefits from convenient fitted storage cupboards.
The main reception space is a bright and spacious open-plan living/kitchen room, creating a sociable and practical space for both everyday living and entertaining.
The kitchen area is fitted with a range of base level and wall mounted units, ample work surface space and plumbing for white goods.
The property further benefits from two well proportioned bedrooms and a modern three-piece bathroom suite comprising a bath with shower over, wash hand basin and WC.
Externally, the property offers one allocated parking space together with access to a communal bike store. This property is available on a shared ownership basis with a 25% share for sale.
Council Tax Band: A EPC Rating: To Follow Lease Information: 125 Years from the 1st of January 2011 Rent: £282.53 pcm Service Charge: £144.94 pcm Ground Rent: N/A Lounge/ Kitchen (4.79m (15' 9") x 4.61m (15' 1")) Bedroom (5.20m (17' 1") x 2.48m (8' 2")) Bedroom (2.22m (7' 3") x 4.02m (13' 2")) Bathroom (2.00m (6' 7") x 1.98m (6' 6"))
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
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FAQ
About 4, Hillary Close, Burton Latimer
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