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See how verdicts work1-bedroom house · LE15 6NS
Listing removedListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open Day Sunday 26th July 12.00 - 2pm Entering via the front door leads to the entrance lobby, where stairs flow to the first floor, and a door grants access to the living room.
The living room features double-glazed windows to the front and rear aspects and a dining area that has laminate flooring.
Flowing through from the living room is the kitchen that is located to the rear of the property and boasts worktops with a rolled edge, cupboards at base and eye level + draws, an inset stainless-steel sink & drainer, tiled splash backs, a double-glazed window to the rear aspect and a double-glazed door to the rear lobby + store.
Upstairs, you find the bedroom that is located at the front of the property and offers a double-glazed window to the front aspect and a built-in wardrobe.
Completing the upstairs accommodation is the bathroom that boasts a panel bath with an overhead electric shower, tiling to the bath area, pedestal wash hand basin and a close-coupled W.C.
Externally, the property sits on a large corner plot. To the front is an access gate with a path to the front door and to the rear is a large garden that offers ample potential for the new owner.
Annual ground rent : £725.28 Living Room (3.29m x 5.12m, 10'9" x 16'9") Kitchen (2.39m x 1.97m, 7'10" x 6'5") Rear Lobby (0.96m x 2.84m, 3'1" x 9'3") Bedroom (3.30m x 3.35m, 10'9" x 10'11") Bathroom (1.69m x 2.23m, 5'6" x 7'3")
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
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FAQ
About 7, Cheviot Close, Oakham
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