1-bedroom flat · FY8 1BE
Listing removedListed 157 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Lake Rd, adjacent to Fairhaven Lake. A 2nd floor 1 bedroom apartment. Communal entrance, stairs to the 2nd floor, hallway, kitchen living room, bedroom, shower room. Street parking.
EPC rating: E. Situation Situated on Lake Rd, Fairhaven, 1 bedroom second floor apartment. Communal Entrance Accessed from the front of the building.
A communal hallway leads to the stairs to the first & second floors. Hallway Accessed from the landing, carpeted with doors to the kitchen, bedroom and shower room.
Kitchen Living Room 4.03m x 4.86m (13'3" x 15'11") A good size room, modern fitted kitchen with electric oven and ceramic hob, space for a fridge freezer.
carpeted with double glazed window overlooking the front of the property, wall mounted electric radiator, ceiling light plug and aerial sockets.
Bedroom 4.16m x 3.13m (13'8" x 10'3") A good size double bedroom, carpeted with double glazed window overlooking the rear of the property. Wall mounted radiator, ceiling light and plug sockets.
Shower Room 2.69m x 1.35m (8'10" x 4'5") Accessed off the hallway with vinyl floor and part tiled walls, shower cubicle with electric shower, w.c, hand basin with mirror above.
Parking Street Parking EPC Band Band E Council Tax Band Band A Rules No Pets (Headlease)
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.
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 advisers 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 Apt 4, 3 Lake Road
Explore nearby
