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See how verdicts work2-bedroom flat · L31 2PS
Listing removedListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Second floor apartment, views over the canal and countrywide to the rear, two bedrooms, lounge, kitchen, shower room, allocated parking, communal gardens. Viewing essential.
In a tucked away location in Lydiate, sits the quiet Moorings development and to the rear of the estate is Herons Court.
This second floor apartment offers spacious accommodation and enjoys fabulous views over the canal to the countryside beyond.
The accommodation comprises entrance hallway, lounge, kitchen, two bedrooms both with fitted wardrobes and the shower room.
Externally there is an allocated parking space, bin store and communal lawned gardens. This property would make an ideal first time buy/ investment and we would recommend an early viewing.
Communal hallway Staircase leading to the first floor and second floor landings. Entrance hallway 16' 5" x 3' 2" (5.02m x 0.98m) Doors off to various rooms. Intercom entrance phone. Loft access.
Spot light lighting. Storage cupboard. Radiator. Lounge 13' 9" x 12' 11" (4.20m x 3.95m) Double glazed Upvc window to the rear overlooking the canal and countryside beyond. Television point. Radiator.
Door leading through to the kitchen 11' 5" x 7' 3" (3.48m x 2.21m) Double glazed Upvc window to the side enjoying views over gardens, the canal and countryside beyond.
Range of wall and base units incorporating worksurfaces with inset stainless steel sink and drainer with mixer tap over. Integrated oven with four ring electric hob and extractor hood over.
Space and plumbing for washing machine. Space for fridge and freezer under worksurface. Boiler. Tiled splash backs.
Bedroom one 14' 8" x 9' 4" (4.49m x 2.85m) Double glazed Upvc window to the rear overlooking the canal and countryside beyond. Built in wardrobes. Radiator.
Bedroom two 11' 3" x 7' 3" (3.43m x 2.21m) Double glazed Upvc window to the front. Built in wardrobes. Radiator.
Shower room 7' 2" x 5' 5" (2.20m x 1.66m) Suite comprising shower cubicle with mains shower, wash hand basin set in vanity unit with cupboard beneath and WC. Tiled walls. Radiator.
Externally There is one allocated parking space to the front of the building alongwith visitor parking. There is a bin store and lawned communal gardens backing onto the canal.
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.
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FAQ
About 3, Herons Court, Lydiate
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