1-bedroom flat · LE5 6SD
Listing removedReduced £5k (−5%) on 20 MayListed 274 days
Opportunity summary
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About
***NO CHAIN*** Seths is delighted to bring to market this beautiful one-bedroom apartment situated within this select development of 12 units in the ever-popular area of GOODWOOD, close to local places of worship, schools, and other amenities.
The accommodation comprises an open-plan living room/kitchen, one bedroom, and a bathroom. The property benefits from an allocated car parking space, uPVC double glazing, and an intercom system.
Viewings by appt only Living Room / Kitchen - Carpeted (Living area), x2 radiator, wall and base units with worktops over, 4 ring electric hob with built-in oven and extractor hood, sink with mixer tap and drainer, space for fridge freezer, plumbing for washing machine, lino flooring (kitchen area), storage cupboard, x2 uPVC double glazed windows Bedroom - 4.70 x 3.00 (15'5" x 9'10") - Carpeted, radiator, x2 uPVC double glazed windows Bathroom - 3 pc suite comprising of WC, wash hand basin with mixer tap, bathtub with shower overhead, tiled flooring, partly tiled walls Outside - Secure gated access with an allocated parking space Lease - Please note these are approx.
figures. Please be advised that whilst we make every effort to ensure these lease details are accurate, these must be verified by any potential purchaser's solicitors to confirm the same.
Service charge - £1195 per annum Ground rent - £100 per annum Lease remaining - 987 years Additional Info - Tenure: Leasehold EPC rating: E Council Tax Band: B Council Tax Rate: £1,783.06 Mains Gas: No Mains Electricity: Yes Mains Water: Yes Mains Drainage: Yes Broadband availability: Ultrafast Full Fibre Broadband
Value & comps
No previous sales on record.
Returns
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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 Davenport Road, Goodwood, Leicester
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