2-bedroom flat · RG28 7BE
Listing removedListed 347 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain is this spacious, over 55s, 2-bedroom apartment situated within the heart of Whitchurch town centre.
The building has a part time house manager and the apartment itself is situated on the 2nd floor with access via lift and stairs.
It has a living/dining room with a fitted kitchen, entrance hallway leading to the Bathroom, 2 bedrooms, one of which is good size double room and electric heating.
The apartment is light and airy throughout and been maintained by the current owners. There is a communal lounge and laundry areas.
The apartments also have accommodation which can be rented upon request for staying friends/relatives.
Leasehold Information £3667.25 - Service Charge Per Annum £315 per year - Ground Rent *Subject to Review Lease Length 62 Years
Value & comps
No previous sales on record.
Returns
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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 Mulberry Mead, Whitchurch, RG28 7BE
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