1-bedroom flat · NR17 2DJ
Listing removedListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The versatile nature of this 1 bedroom flat makes it suitable for first-time buyers, downsizers, or investors..
Upon entering the flat, you are greeted by an entrance hall which gives access to all the rooms. This layout ensures a good flow and separates the living spaces nicely.
The kitchen is well-fitted with matching units and provides all the necessary appliances, such as an oven, gas hob with an extractor hood, sink, and space for an under-counter fridge and washing machine.
The tiled splash backs add a touch of style and practicality, The bathroom is modern and includes a white suite comprising a bath with a splash screen and shower above, a W/C, and a basin.
The tiled splash backs add a clean and contemporary feel. Additionally, there is a separate section to the left of the bathroom that houses the wall-mounted gas boiler.
The lounge is spacious and features a radiator for comfort. The front-facing window brings in natural light, creating a bright and airy ambience.
The bedroom also benefits from a radiator and two windows, ensuring ample light and ventilation. Externally, the property is set back from London Road and offers a gravel driveway.
The entrance to the flat is located at the rear of Hailey House, offering allocated parking for convenience.
Council Tax Band:- A Here at Next Move Homes, we offer a very flexible approach to both valuing and viewing properties.
With this property, our seller allows:- Viewing Monday-Saturday 9am - 7pm and on Sunday 11am - 5pm. One of our team will be available at a time that's convenient for you.
Leasehold:- This property is Leasehold with 962 years remaining on the lease. We have been advised that the current ground rent is £100 per year and there is a monthly service charge of £125.
Perspective purchasers are advised to check these details with their legal representative.
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
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