2-bedroom flat · PE29 3PS
Listing removedListed 102 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern second floor, two double bedroom apartment situated in the centre of town with allocated off road parking and walking distance to local amenities and train station.
Professionally decorated and double glazing throughout. Additionally there is a communal garden, lift and bike store. ENTRANCE HALL Front entry door. Laminate wood flooring.
KITCHGEN AREA Fitted with a range of wall mounted and base units with work surface over, stainless steel sink and drainer, hob, oven, integral washing machine and dish washer.
Wood laminate flooring. LIVING AREA Laminate wood flooring, double glazed french doors with Juliet balcony to side elevation, electric panel heater.
BEDROOM ONE Double glazed window to side elevation, electric panel heater, fitted carpet.
EN-SUITE Fitted with a white 3 piece suite comprising of WC, basin and corner shower, heated towel rail, tiled floor.
BEDROOM TWO Double glazed window to side elevation, electric panel heater, fitted carpet.
BATHROOM Fitted with a white three-piece suite comprising WC, basin and bath with shower over, heated towel rail and tiled floor. EXTERNAL Communal gardens.
Off road parking for one car SECURITY DEPOSIT £1211.00 REFERENCING AND HOLDING DEPOSIT Each applicant over the age of 18 years old will be required to be referenced and will be required to provide photographic identification and proof of address/residency.
A holding deposit of one weeks rent will be requested at point of application. Until payment has been received viewings will continue on the property.
Should the tenancy then not proceed due to the decision of ourselves as agent or the Landlord then this will be repaid to you in full.
A decision on this will be made within 15 days of the payment being made and the holding fee returned to you within 7 days of the decision being made not to proceed.
This payment though will not be refunded in the event that you withdraw your application to rent the property, you fail your right to rent checks or you provide false or misleading information on your application form leading to the application failing.
Should the tenancy proceed as planned then this holding charge will be converted in to part payment of the...
AGENTS NOTES These particulars whilst believed to be correct at time of publishing should be used as a guide only.
Any electrical items other than those used for heating, lighting or cooking are provided on the understanding that the Landlord will not be held liable for their repair or replacement should they breakdown unless otherwise agreed.
COUNCIL TAX Band B.
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
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FAQ
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