2-bedroom flat · L6 9DZ
For saleListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity - 2 Bedroom City Fringe Apartment | 16.7% Gross Yield A fantastic opportunity to acquire this well-located two-bedroom apartment, ideally positioned within convenient reach of the city centre, making it highly attractive to both student and residential tenants.
The property comprises a spacious open-plan kitchen and lounge area, offering a modern, sociable living space, alongside two well-proportioned bedrooms and a contemporary bathroom.
Currently let to two students at a combined rent of £1,257 per month (bills included), the property delivers an impressive 16.7% gross yield before costs, making it a strong, ready-made investment.
There is also flexibility for future letting strategies.
Once the current student tenancy ends, the apartment could be re-let on a standard residential basis (excluding bills) at an estimated £850-£900 per month - with comparable two-bedroom units in the development recently achieving £900 PCM.
Alternatively, it can continue to be let to students to maximise returns.
Key Investment Details: Two bedroom apartment Large open-plan kitchen / lounge One bathroom Currently rented at £1,257 PCM (bills included) 16.7% gross yield before costs Residential rental potential: £850-£900 PCM (excluding bills) Ground rent: £200 per annum Service charge: £1,373.95 per annum Lease length: To be confirmed Situated in a convenient, high-demand location close to the city centre, the property benefits from consistent tenant demand from both students and young professionals alike.
Gated parking to rear. An ideal turnkey investment with strong current income and future letting flexibility.
Buyers Notice: Agents are required by law to conduct anti-money laundering checks on all those buying a property.
This could include proof of funds and source of funds, verifying lending and ID checks. Tenure: Leasehold Ground Rent: £200 per year Service Charge: £1,373.95 per year
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2 Bedroom Flat, Berwick Street
Explore nearby