2-bedroom flat · SN2 2EU
Listing removedListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom apartment with allocated parking and close to local amenities.
Property briefly comprises: Communal entrance, hallway, two double bedrooms, spacious sitting room/dining room, modern kitchen with electric oven and gas hob, bathroom with bath with shower over, basin and WC.
Permitted Payments - Before the tenancy starts: Holding Deposit: £196.00 1 week's rent Deposit: £960.00 5 weeks' rent First Month's Rent: £850.00 1 months rent During the tenancy (payable to the Agent) Payment of £100 if you want to change the tenancy agreement Payment of interest for the late payment of rent at a rate of 3 % Payment of £25 per key and £100 per security device for the reasonably incurred costs for the loss of keys/security devices Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Bates Way, Swindon
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