2-bedroom flat · NN4 5DP
Sold STCListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LESS THAN 1% offer, with no chain, this very well presented, two bedroom, ground floor flat that boasts a generous kitchen/diner, good sized living room, two bathrooms, off-street parking and direct access to a shared garden.
ACCOMMODATION: (FOR ROOM BY ROOM DIMENSIONS AND SQUARE FOOTAGE PLEASE SEE FLOOR PLAN). GROUND FLOOR: - Entrance Hall: Two storage cupboards & Airing Cupboard. Branching off...
- Kitchen/Diner: Window to front aspect. Window to side aspect. Wall and floor mounted units housing Sink, Oven, Gas Hob and fitted Extractor Hood. Space for Fridge/Freezer and Washing Machine.
- Living Room: Window to side aspect. French Doors opening onto Communal Garden. Electric Fireplace. - Bedroom One: Window to rear aspect. Door to... - En-Suite Shower Room: Shower Cubicle. WC.
Washbasin. - Bedroom Two: Window to front aspect. - Bathroom: Bath. WC. Washbasin. EXTERIOR: - Front Aspect: Allocated Parking Space.
- Rear Aspect: A lovely shared garden that is mainly laid to lawn with mature plants and shrubs. Gated side access. GROUND RENT: £125 per year SERVICE CHARGE: £104.56 per month COUNCIL TAX BAND: "C"
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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About Baines Way - NN4
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