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See how verdicts work2-bedroom flat · BS22 8PP
Sold STCListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented purpose built ground floor flat forming part of this attractive block located in the Locking Castle area.
We are delighted to present this flat which boasts generous room sizes, a great layout and has been well maintained.
The location is convenient for local shops, the many retail parks nearby, train station and motorway.
If you are a first time buyer looking for your first home, this will be a great option which will afford minimal maintenance. No onward chain for an uncomplicated move.
Features include: *Well tended communal gardens *Allocated parking space *2 Bedrooms *Bright dual aspect Kitchen *Bathroom with shower *Electric heating *B energy rating *Communal drying area *UPVC double glazing In brief, the accommodation comprises: Entrance Hall, Sitting Room, Kitchen, 2 Bedrooms & Bathroom.
Outside Established & well maintained communal gardens, drying area & bike store. Allocated parking space.
Tenure: Leasehold - 969 years remaining Service Charge: £100 per month including buildings insurance, garden maintenance & cleaning of communal areas.
Council Tax Band: B Energy Rating: E One pet allowed.
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 Pennycress, Locking Castle - NO CHAIN
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