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See how verdicts work1-bedroom flat · HR6 8HX
For saleReduced £5k (−7.9%) on 17 SepListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set less than 300 yards of Leominster town centre, is this purpose built one bedroom flat for over 55's. With communal gardens and allocated parking, lift access to first floor.
Viewing is highly recommended. Chancellors are delighted to introduce this well presented one double bedroom first floor over 55's flat located less than 300 yards from Leominster town center.
Accessing the property through the archway, you will find the residents and visitor parking to the rear.
The property is located on the first floor which is accessed through a secure door with a fob and intercom system. The property benefits from both stair and lift access.
Upon entering the property, the hallway provides access to the kitchen which has an electric oven and hob, space for a fridge/freezer and a useful storage cupboard.
The kitchen has an open plan feel into the living room/diner, which has second glazing to the front.
The property includes a double bedroom, which is serviced by the shower room, which has space for a washing machine.
Externally, the property has use of a communal garden over looking the river Kenwater.
The property benefits from a high performance infra-red panel heating system, which heats the room by transferring energy directly from the heater into the room.
The heating is thermostat controlled and the panels convert almost 100% of the electricity to heat, making them more energy-efficient and cost-effective.
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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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
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FAQ
About 7, Bridge Court, Leominster
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