1-bedroom flat · B28 8QY
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious first floor flat offering accommodation comprising a lounge/diner, modern fitted kitchen, double bedrooms, modern bathroom and communal gardens and parking The property is accessed via a communal entrance door leading into a communal hallway.
Stairs rise to the first floor where a private wooden door leads into Entrance Hallway With two ceiling light points, radiator, useful storage cupboard and doors leading off to Lounge/Diner to Front - 4.72m x 3.4m (15'6" x 11'2") With double glazed window to front elevation, radiator and two ceiling light points Modern Fitted Kitchen to Rear - 3.53m x 2.9m (11'7" x 9'6") Being fitted with a range of high gloss wall, drawer and base units with complementary work surfaces over, sink and drainer unit with mixer tap, four ring gas hob with extractor canopy over and inset electric oven.
Space and plumbing for washing machine and tumble dryer, space for fridge/freezer, tiling to splash prone areas, tiled flooring, radiator, two ceiling light points and a double glazed window to rear Double Bedroom to Front - 4.67m x 2.64m (15'4" x 8'8") With double glazed window to front elevation, wood effect flooring, loft hatch, radiator and ceiling light point Modern Bathroom to Rear - 2.77m x 1.37m (9'1" x 4'6") Being fitted with a three piece white suite comprising a panelled bath with shower attachment, vanity wash hand basin and a low flush W.C.
Tiling to walls, tiled flooring, obscure double glazed window to Rear, ladder style radiator and ceiling light point External The property further benefits from access to communal gardens and parking Tenure We are advised by the vendor that the property is leasehold with approx.
113 years remaining on the lease, a service charge of approx. £550 per annum and a ground rent of approx. £10 per annum.
We would advise all interested parties to obtain verification through their own solicitor or legal representative. EPC supplied by Vendor.
Current council tax band – A Property Misdescriptions Act Smart Homes have not tested any equipment, fixtures, fittings or services mentioned and do not by these Particulars or otherwise verify or warrant that they are in working order.
All measurements listed are given as an approximate guide and must be carefully checked by and verified by any Prospective Purchaser. These particulars form no part of any sale contract.
Any Prospective Purchaser should obtain verification of all legal and factual matters and information from their Solicitor, Licensed Conveyancer or Surveyors as appropriate.
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 Lakefield Close, Hall Green
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