2-bedroom flat · PO6 1BY
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no forward chain and located in Grosvenor Court, Farlington, you will find this two bedroom first floor apartment which is ideally located near motorway links and easy access to local shops and bus links.
This flat is perfect for a first time buyer who are looking to get on the property ladder or an investor.
The accommodation consists of a hallway, two double bedrooms, a modern bathroom, fitted kitchen and a lounge which has the extra bonus of a balcony which is also accessed from one of the bedrooms.
Other benefits include gas central heating and a generously sized garage. A viewing is highly advised, to arrange your viewing contact our Drayton Office today!
COMMUNAL ENTRACE Stairs to all floors, front door to property FRONT DOOR HALLWAY Large storage cupboard and doors to; BEDROOM ONE 12' 4 into bay" x 9' 3" (3.76m x 2.82m) BEDROOM TWO 11' 1" x 10' 1" (3.38m x 3.07m) Door providing access onto a balcony, free standing wardrobes which will be staying at the property.
BATHROOM 8' 11" x 6' 9" (2.72m x 2.06m) KITCHEN 12' 4" x 8' 11" (3.76m x 2.72m) LOUNGE 12' 5" x 11' 1" (3.78m x 3.38m) Door providing access onto a balcony GARAGE Up and over door to garage, access to two additional storage areas, power and lighting.
COMMUNIAL BIN STORE As of 22/10/2026, the vendor has informed us that the lease details are as follows:- Tenure: Leasehold Landlord/Managing Agent: Long Term Reversions (Harrogate) LTD (Pier Management) Managing agent: Parkford's Balance of Lease: 166 years (until 2192) as of 22/10/2026 Ground Rent Charges: N/A Ground Rent Review Period: N/A Maintenance/Service Charges: Approx £2574 per annum Maintenance /Service Charges Review Period: Annually Building Insurance: £637 per annum Confirmation of all charges relating to this property should be confirmed by your solicitor prior to any exchanging of contracts.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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