2-bedroom flat · DN2 5BD
Listing removedListed 147 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two bedroom first floor apartment offers comfortable and modern living within easy reach of local amenities.
The property features a open plan kitchen, lounge and dining area, both bedrooms are generously sized, while the main bathroom is finished to a good standard with a white suite and new flooring being fitted before the tenancy commences.
Additional features include off road parking for residents, the added benefit of the water bill being included in the rent and access to a communal garden.
Ideally located close to a range of shops, cafes and transport links, this property is perfectly suited to professionals or couples .
Early viewing is highly recommended to appreciate the quality and space on offer.
HOLDING DEPOSIT A holding deposit of up to one week’s rent will be required to reserve a property, in accordance with the Tenant Fees Act 2019.
This will be offset against the first month’s rent or tenancy deposit upon successful completion of referencing and agreement.
The holding deposit may be retained if: - The applicant withdraws, - Provides false or misleading information, or - Fails to take reasonable steps to enter into a tenancy within 15 days (or another agreed timeframe in writing).
Payment of a holding deposit does not guarantee the grant of a tenancy. All applications remain subject to contract, satisfactory referencing, and landlord approval.
EARLY TERMINATION (SURRENDER) If a tenant wishes to leave the tenancy before the end of the agreed term, this will be subject to the landlord’s written agreement.
Where agreed, the tenant will be liable for: - Rent up to the agreed end date, and - The landlord’s reasonable costs incurred in re-letting the property (capped in accordance with the Tenant Fees Act 2019 and not exceeding the loss suffered by the landlord).
CHANGES TO THE TENANCY (VARIATION / NOVATION) Any request to amend the tenancy (e.g. adding or removing a tenant) is subject to landlord approval.
A fee of up to £50 (including VAT) may be charged for a variation, assignment or novation of the tenancy, or higher if the reasonable costs incurred exceed this amount (in line with the Tenant Fees Act 2019).
RENT Rent is payable monthly in advance, with the first payment due prior to the tenancy start date.
Subsequent payments must be made by standing order or other agreed method on the agreed rent due date. PETS In line with current and forthcoming legislation, landlords will consider requests for pets.
Where a pet is accepted: Rent or Deposit may be adjusted to reflect increased wear and tear, where permitted by law.
TENANCY DEPOSIT A tenancy deposit will be required, this is usually the equivalent of a months’ rent but if higher, will be capped at 5 weeks’ rent.
The deposit will be protected in a government-approved tenancy deposit scheme within the required timeframe.
COMPLIANCE & MEMBERSHIPS 3Keys Limited is a member of: - Client Money Protect (CMP) – Client Money Protection Scheme - Property Redress Scheme (PRS) – Independent Redress Scheme Further details are available on request or via our website.
PROPERTY PARTICULARS DISCLAIMER Whilst every care has been taken to prepare these particulars, they are provided for general guidance only.
Prospective tenants must satisfy themselves as to the accuracy of the information by inspection or other means. Measurements are approximate. Services, systems, and appliances have not been tested.
Photographs are indicative only and may not represent the current condition. No warranty is given in respect of the property or its contents. EPC Rating: D
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.
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.
Area
Agent & docs
FAQ
About Thorne Road, Wentworth Lodge, DN2
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