4-bedroom house · PL24 2LD
Listing removedListed 195 days
Opportunity summary
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About
PROPERTY DESCRIPTION This semi detached property is currently split into two self contained apartments and have provided the owner with an attractive return as long term buy-to-let investments.
Currently both apartments are rented out to long term tenants and the property can be sold with tenants in situ, or by request, with vacant possession.
Would suit an investor or large family who are looking to buy together and enjoy the benefits of having two self contained properties.
GROUND FLOOR FLAT Private entrance LIVING / DINING ROOM 15' 7" x 14' 6" (4.76m x 4.42m) Generous living space with ample space for a dining table. Hallway leads to bedrooms.
Large cupboard that houses the gas central heating boiler. KITCHEN 9' 6" x 6' 4" (2.91m x 1.94m) Fitted to three sides with a range of above and below counter units.
Window to rear aspect BEDROOM 1 9' 1" x 13' 8" (2.78m x 4.18m) Of irregular shape. The main bedroom is a large double room with a large alcove for hanging and storage.
Window to front aspect BEDROOM 2 8' 8" x 11' 2" (2.66m x 3.41m) Current set out as a twin room but this could easily accommodate a double bed. Large alcove for hanging and storage.
Window to front aspect BATHROOM Modern white suite with WC, wash hand basin and shower over bath. Window to rear aspect.
FIRST FLOOR FLAT Private entrance ENTRANCE HALL With stairs that rise to the first floor LIVING/DINING ROOM 12' 2" x 14' 6" (3.73m x 4.43m) Generous living space with ample space for a dining table.
Hallway leads to bedrooms. Large cupboard that houses the gas central heating boiler. KITCHEN 9' 7" x 6' 5" (2.94m x 1.97m) Fitted to three sides with a range of above and below counter units.
Window to rear aspect BEDROOM 1 9' 1" x 13' 9" (2.77m x 4.21m) Of irregular shape. The main bedroom is a large double room with a large alcove for hanging and storage.
Window to front aspect BEDROOM 2 8' 9" x 11' 3" (2.68m x 3.43m) Currently a childs bedroom but could easily be a double room. Window to front aspect. Alcove for storage and hanging space.
Window to front aspect BATHROOM Modern white suite with WC, wash hand basin and shower over bath. Window to rear aspect.
OUTSIDE To the front and side of the property there is a large area of hard standing which can accommodate off road parking for three or four vehicles.
RENTAL INCOME More details can be provided on request but currently both apartments have long term tenants and generating an attractive yield.
The property can be sold with vacant possession subject to the legally required notice periods.
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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