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See how verdicts work2-bedroom flat · RH15 0LS
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £300,000 - £310,000.
An immaculately presented and redecorated 2 DOUBLE BEDROOM FIRST FLOOR purpose built flat with a Juliette balcony and lovely views to the front and views to the rear across a small green/seating area and play park.
The property is part of a block of only 4 flats built by Croudace Homes in 2021 located just off the top end of Cants Lane on the eastern side of town only a moments walk of a Co-op convenience store.
The town centre and mainline railway station are 1 mile away. The accommodation includes an L-shaped entrance hall, a good size wardrobe style cupboard, storage cupboard and an airing cupboard.
The kitchen is fitted with a range of light grey cupboards complemented by integrated AEG cooking appliances, a Bosch dishwasher and a Zanussi washing machine.
The good size lounge/dining room is dual aspect with ample space for dining table and a Juliette balcony.
There are 2 double bedrooms (both with wardrobes installed by Gap Solutions), one with an ensuite shower room and and a spacious bathroom fitted with a white suite.
Outside, communal gardens surround the block with easy access to further lawned areas and a play park.
There is a private parking space in the car park next door as well as a useful brick storage shed for the use of the block.
Benefits include gas fired central heating (the Ideal boiler is located in the kitchen), uPVC framed double glazed windows and recently laid flooring and carpets.
Lease: 125 years from 2021 Maintenance & Insurance: £3,126 per annum for 2026 (A rebate was issued for previous years so may alter) Ground Rent: Nil
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 Cants Lane, Griffin House, RH15
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