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See how verdicts work1-bedroom flat · DE13 0ET
For saleListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Cash Sale Only ** Investors Only ** Village Location Property ** The accommodation is accessed via a UPVC front entrance door leading into the reception hallway, fitted with an electric heater and staircase rising to the first-floor living accommodation.
To the first floor, the landing provides access to the main rooms and benefits from a useful built-in airing cupboard housing the hot water immersion heater, with additional space for storage.
Positioned on the front aspect of the home is the lounge, enjoying a UPVC double-glazed window to the front elevation, an electric heater, and a useful built-in storage cupboard.
From the lounge, a door leads through to the kitchen, positioned across the rear aspect of the property.
The kitchen offers a selection of eye-level wall units with preparation work surfaces and stainless steel sink unit.
There are freestanding appliance spaces for a washing machine, fridge or freezer, and an electric cooker with extractor hood above. A UPVC double-glazed window overlooks the rear elevation.
The main double bedroom is positioned on the rear aspect of the home and benefits from a UPVC double-glazed window and electric heater.
The bathroom has been modernised and fitted with a three-piece white suite comprising a low-level WC, hand wash basin and panel bath with electric shower above, fitted glass shower screen, and extractor fan.
Outside, the property benefits from a rear garden area enclosed by fencing, along with an allocated parking space to the rear.
Caernarvon Close is conveniently located within Stretton, which offers a wide range of local amenities including shops and public houses, while also providing excellent access to Burton-on-Trent town centre and surrounding road networks.
The property has a short lease of approximately 55 year therefore mortgage finance cannot be obtained. All viewings are strictly by appointment only.
The Accommodation - Lounge - 3.91m x 3.38m (12'10 x 11'1) - Kitchen - 3.23m x 2.11m (10'7 x 6'11) - Bedroom One - 3.45m x 2.64m (11'4 x 8'8) - Bathroom - 1.88m x 1.73m (6'2 x 5'8) - Rear Garden - Leasehold Property - The home has a short lease of approximately 55 years remaining.
Therefore this makes an ideal buy to let investment. The lease start date was 16/09/1982 and ends 25/03/2081.
There is an annual charge to be confirmed with our offices by the vendor in due course, and as the buyer this information is to be verified and confirmed by your acting conveyancer before exchange of contracts.
Any extension to the lease period is the responsibility of the new owner after completion of the purchase, and we advise the purchaser makes all enquires in regard to the lease extension, terms and cost involved before exchange of contracts.
Given the short lease, mortgages are unobtainable. The property is currently tenanted, notice has been given, therefore this can cause a delay to the sale and purchase process.
Property construction: Standard Parking: Shared Area To Rear, Off Broadlands Rd Electricity supply: Mains Water supply: Mains Sewerage: Mains Heating: Electric Wall Heaters Council Tax Band: A Local Authority: East Staffordshire Borough Council Broadband type: TBC - See Ofcom link for speed: Mobile signal/coverage: See Ofcom link Useful Websites: An on-site management fee may apply to all modern or new developments.
Anti-Money Laundering (AML) Requirements In line with the Money Laundering Regulations 2017, all purchasers and, where applicable, cash donors are required to complete AML identity and source-of-funds checks once an offer is accepted.
These checks are carried out via “Thirdfort” and do not affect your credit rating.
A non-refundable compliance fee of £36.00 including VAT applies per person (with an additional fee of £36.00 per individual/ cash donor). Full details are set out in our PDF brochure.
Please ensure you have viewed the agent’s full PDF branded brochure for full information, selective licence areas and charges regarding the proposed purchase of the property and not rely on third party website information supplied before actioning the purchase process.
The property information provided by Nicholas Humphrey Estate Agents is based on enquiries made of the vendor and from information available in the public domain.
If there is any point on which you require further clarification, please contact the office and we will be pleased to check the information for you.
Please note if your enquiry is of a legal or structural nature, we advise you to seek advice from a qualified professional in their relevant field.
Draft details awaiting vendor approval and subject to change
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.
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About Caernarvon Close, Stretton, Burton-On-Trent
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