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See how verdicts work1-bedroom flat · ME8 0QE
For saleListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Price guide £160,000 to £170,000. A well presented light and airy top floor flat, located within an attractive purpose designed apartment building.
Boasting well maintained communal areas, a double bedroom, modern bathroom, practical sized kitchen and lovely sized lounge/diner.
The unique selling point is the enviable Wigmore location, with numerous local shops - including a bakery and newsagent - just a stone’s throw away.
You’re also moments from the ever popular Wigmore Park and convenient bus stops, making everyday living effortlessly easy. Externally and to the rear there is an allocated parking space for 1 car.
The vendor advises the remaining lease is 82 years, service charge £115 per month and ground rent £75 per annum (all to be verified by your solicitor).
Offered with no chain, an ideal first time buy or buy to let!
Communal Door Stairs To First Floor Entrance Door Into Flat Hallway Kitchen (3.89m x 2.11m max (12'9 x 6'11 max)) Bedroom (3.94m x 2.92m max (12'11 x 9'7 max)) Bathroom (1.73m x 1.70m (5'8 x 5'7)) Lounge/Diner (5.13m x 4.22m max (16'10 x 13'10 max)) Parking Space Important Notice - Pollard Estates, their clients and any joint agents state that these particulars are for guidance only and do not form part of any offer or contract.
No representation or warranty is given, and no employee has authority to do so. Measurements, photographs and plans are approximate and for illustrative purposes only.
It should not be assumed that the property has all necessary planning, building regulation or other consents. Services, appliances and systems have not been tested.
Buyers must satisfy themselves by inspection or other means. Tenure, ground rent, service charges and other leasehold details are provided by the seller and must be verified by a solicitor.
Any changes to charges or terms should be confirmed independently. Purchasers will be required to provide identification under current Money Laundering Regulations before an offer can be accepted.
Personal data supplied during the enquiry or offer process will be handled in accordance with our privacy policy.
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
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 196D, Fairview Avenue, Wigmore
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