We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · LS22 5LU
Sold STCListed 387 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
RENOVATED TO AN INCREDIBLY HIGH STANDARD - DO NOT MISS THE CHANCE TO VIEW THIS STUNNING TWO BEDROOM APARTMENT IN THE SOUGHT AFTER LOCATION OF COLLINGHAM!! CALL NOW TO BOOK A VIEWING!!
Hunters Wetherby are proud to present to market this two-bedroom, first floor apartment In the centre of Collingham which has been renovated to an incredibly high standard.
Upon entrance of the property, you are welcomed by the inviting hallway. This space is decorated with sleek wood panelling and neutral tones creating a soft and calming atmosphere from the beginning.
The vestibule cupboard includes a free standing freezer.
Initially, you will find the recently refurbished shower room which incorporates a walk in shower cubicle with inset storage nook, low level W/C and vanity unit with waterfall tap.
Moving through to into the beautifully presented lounge - this space is flooded with light and warm tones, courtesy of the large bay window.
The room boasts a window seating area which is the dreamiest place to read a book and enjoy your morning coffee in the sunlight without being overlooked.
The living room has a pleasant outlook to the well-maintained communal back gardens and provides for an inviting and cosy area to unwind.
The room is also enhanced by a stunning electric fireplace, a lovely focal point for the room.
This property boasts two good sized bedrooms which provide enough space for double beds and extra furniture.
To complete the property, is the high specification kitchen which has just been replaced to an immaculate finish.
The kitchen features a range of bespoke solid wood shaker style wall and base units, with work surfaces and also includes integrated appliances such as an electric induction hob, oven, fridge, washing machine and slim line dishwasher.
Externally, the property benefits from allocated parking to the front. Situated within the popular and well served village of Collingham.
The village supports an excellent range of amenities catering for most daily needs including church, renowned primary school, shops, medical centre, restaurants and public house.
The market town of Wetherby which supports a wider range of services is only a short drive away and the village is considered ideal for the commuter as easy access can be gained onto the A1 linking with the region's motorway network.
Tenure: We are advised that the property is held on the balance of a 990 year lease which commenced in 1992.
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.
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FAQ
About Smithy Court, Collingham, Wetherby
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