2-bedroom flat · PE30 5GB
For saleListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newson & Buck are delighted to present this well-presented modern two-bedroom apartment, situated on the popular "Yours" development.
Offered to investors only, the property is being sold with a tenant in situ, currently generating £775 per calendar month, providing an immediate rental income.
The accommodation comprises a welcoming entrance hall with a secure video entry phone system, a bright and spacious open-plan lounge/dining room with a useful storage cupboard, and a modern fitted kitchen.
There are two generous double bedrooms, with the principal bedroom benefiting from an en-suite shower room, alongside a contemporary family bathroom fitted with a white suite and shower over the bath.
Further benefits include gas central heating and double glazing throughout.
This represents an excellent opportunity for investors seeking a ready-made buy-to-let investment with an established rental return in a popular residential location.
Entrance Hallway With video secure entry phone system. Living/ Dining Room Storage cupboard, radiator and two windows to front.
Open Plan Kitchen With wall & base units, gas hob, electric oven, plumbing for washing machine, window to front.
Bathroom Three piece suite comprising of bath with power shower over head, pedestal wash hand basin and low level WC.
Bedroom Double bedroom window to rear radiator and access to En-Suite.
En-Suite Shower room Shower cubicle with power shower, low level WC, pedestal wash hand basin , vinyl flooring, radiator and window.
Bedroom Two Double bedroom, radiator and window to front. Outside Communal Parking (not allocated) Communal gardens and bike stores
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 The Portway, SOUTH LYNN, PE30
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