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See how verdicts work1-bedroom flat · LS22 7TE
For saleListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Description Available with the benefit of no onward chain, this first floor one bedroom apartment occupies a favourable corner position, with windows to both the front and side elevations.
The property forms part of a purpose-built development for the over 60s built by McArthur & Stone comprising 45 properties spread across three floors and is conveniently situated within level walking distance of Wetherby town centre.
The building is accessed via a secure, intercom-controlled communal entrance, with stairs or lift leading to the first floor and access to the communal residents' lounge on the ground floor.
The flat in further details comprises:- The private entrance hallway provides access to all rooms and includes a useful cloaks cupboard housing the immersion heater and hot water tank.
The double bedroom benefits from electric night storage heating, a built-in double wardrobe and window providing a pleasant outlook over the communal gardens.
The recently fitted shower room comprises a modern white suite including low-level WC, vanity wash basin and large walk-in shower cubicle with electric shower.
Finished with attractive Aquaboard wall panels and complementary flooring.
The main living room enjoys a pleasant outlook over the communal gardens and benefits from electric night storage heating and an electric fire with surround.
An open archway leads through to the fitted kitchen, which is equipped with wall and base units with laminate work surfaces, an inset sink unit positioned beneath a front-facing window, cooker with grill and ceramic hob, together with space for a fridge freezer.
Residents also benefit from a range of communal facilities including a residents' lounge with kitchenette, laundry room and refuge room.
The property offers comfortable and practical accommodation together with the convenience of communal amenities and easy access to Wetherby town centre, making it well suited to those seeking independent living within an established retirement development.
It is a condition of purchase that residents must be over the age of 60 years. The property is leasehold, with the remainder of a 99-year lease commencing in 1985.
Annual ground rent £512.06 and service charge £4352.06 both paid six monthly.
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.
Area
Agent & docs
FAQ
About Wetherby ~ Home Paddock House, Deighton Road, LS22
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