2 × 1-bed flat · FY1 3NN
For saleListed 26 days
Opportunity summary
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About
INVESTMENT OPPORTUNITY This traditional Mid Terrace property is currently arranged as two self-contained flats, presenting a profitable BUY TO LET opportunity.
Both flats are occupied, have one large double Bedroom, separate Living room, Kitchen and Shower room.
We are informed the generated income is currently a combined £11,820 per annum creating a gross yield of over 10%. A convenient spot, less than 0.5 miles from the Town Centre.
Communal Entrance Meter cupboards. Flat 1 Flat 1 Lounge 3.58m x 4.32m Fireplace, UPVC double glazed window, Electric wall heater.
Flat 1 Bedroom 3.45m x 4.44m Coved ceiling, Picture rail, UPVC double glazed window, Electric wall heater.
Flat 1 Shower Room Comprising; Step in shower, Pedestal wash basin, Low flush WC, Electric towel heater.
Flat 1 Kitchen 2.74m x 3.25m Wall and base cupboard units with complementary roll edge worktops, Built in oven and hob with extractor, Single drainer stainless steel sink, Plumbed for washing machine, Tiled floor, UPVC double glazed window and door.
First Floor Flat 2 Flat 2 Lounge 4.34m x 4.62m Fireplace, UPVC double glazed window, Radiator.
Flat 2 Bedroom 3.73m x 4.62m UPVC double glazed window, Radiator. Flat 2 Shower Room Comprising; Step in shower, Low flush WC, Pedestal wash basin, UPVC double glazed window.
Flat 2 Kitchen 1.78m x 2.79m Wall and base cupboard units with complementary roll edge worktops, Built in oven and hob with extractor, single drainer stainless steel sink, Plumbed for washing machine, UPVC double glazed window.
Outside Front Rear Southerly facing Yard to rear. Heating Ground floor Electric heating, First floor Gas central heating (NOT TESTED).
Tenure We have been informed that the property is freehold. Prospective purchasers should seek clarification of this from their Solicitors.
Council Tax Flat 1: Band - A £1675.48 (2026/27) Flat 2: Band - A £1675.48 (2026/27)
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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