1-bedroom flat · S80 2PN
For saleListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention investors! Expert Property Shop are pleased to offer 'For Sale' this 1 bedroom Apartment being sold with Tenant in Situ achieving a gr.
Yield of approx.10% Full description entrance hall Entrance door leads into the hallway with doors to the accommodation.
Lounge Bathed in natural light from a spacious UPVC double glazed window, the reception room offers a bright and cheerful atmosphere. A convenient TV aerial point is also included.
Doors lead to the kitchen and bathroom for easy access. Kitchen The kitchen features a good range of wall, base, and drawer units, as well as splashback tiling.
The work surfaces incorporate a sink and drainer unit with a mixer tap.
A freestanding electric oven with an extractor hood is included, along with space and plumbing for an automatic washing machine and space for an under counter fridge.
Bedroom The double bedroom offers a comfortable and functional space with a large UPVC double glazed window that provides plenty of natural light.
Shower room The bathroom is a well appointed room with a step in shower cubicle featuring an electric shower. A low flush WC and wash hand basin set.
Parking There is a parking space for the property in the car park at the rear of the development. Council tax band A.
What3words /// Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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 8, Lanchester Gardens, Worksop
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