2-bedroom flat · TF1 2AB
Sold STCListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
INVESTORS ONLY This well-presented first-floor apartment, located in Arleston, Telford is ideal as your first investment purchase, or one to add to your portfolio.
With a tenant already in-situ, there is no hassle of sourcing a new tenant.
Entrance Hall And Stairs - Entering through a UPVC front door into an entrance hall, with stairs leading to the first-floor landing.
Featuring UPVC double-glazed windows, radiator, light fitting and a loft hatch to the partially boarded loft.
Kitchen - Featuring white gloss wall and base units, topped with wood effect worksurfaces and a sunken stainless steel sink drainer.
Integrated gas oven and hob, with plumbing for further appliances such as a dishwasher or washing machine.
Rear-facing UPVC double-glazed window, radiator, ceiling light fitting, boiler and storage cupboard.
Lounge Diner - Spacious living room, with two UPVC double-glazed windows overlooking the front of the property. Two radiators, two ceiling light fittings and fully carpeted.
Bedroom One - Front elevation double bedroom with a built-in storage cupboard, front-facing UPVC double-glazed window, radiator and central light fitting.
Bedroom Two - Rear elevation single bedroom, UPVC double-glazed window, radiator and central light fitting.
Bathroom - Good-sized bathroom featuring a fitted panel bathtub with an overhead electric shower unit.
Low-level flush WC, pedestal basin and vanity unit, frosted UPVC double-glazed window, extractor fan and light fitting. Partially tiled walls to splash areas and laminate flooring.
Outside - Allocated parking space to the front of the property. Agent Notes - It is worthy of note that there is a tenant in-situ. The lease length is 999 years with 968 year unexpired.
Annual Ground Rent at peppercorn rate (£1). No Service Charge.
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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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 St Giles Close, Arleston
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