1-bedroom flat · NG34 0QB
Listing removedReduced £30 (−4.8%) on 27 JulListed 150 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2nd Floor flat in village location with private parking. Good access links to A52 / A15. Comprising of communal entrance into secure building.
Private entrance hall, spacious lounge with storage, kitchen / diner with cooker, spacious double bedroom and built in wardrobes and bathroom with mixer shower to bath.
Benefitting from electric heating and double glazing. There is shared parking to the rear which is one space per flat.
EPC D Rent £650.00 deposit £750.00 Council tax band A unless caged / tank animals Available end July 2026 EPC rating: D.
Communal Entrance Entrance is via the High Street in to a communal hallway (maintained by occupiers) with stairs to the 1st and 2nd floor landings.
Entrance Hall Via hardwood door into the property with area for coats etc and access to all rooms.
Lounge (18'0" x 10'9" (5.49m x 3.28m)) Spacious accommodation with built in storage and window to the rear elevation, flooring and radiator.
Kitchen (10'11" x 8'1" (3.33m x 2.46m)) Fitted with a range of wall and base units with work top over. Sink and drainer, cooker and plumbing for washing machine.
Space for small table and chairs with window to the rear elevation. Bedroom (18'0" x 10'9" (5.49m x 3.28m)) Spacious double size accomodation with 2 x double wardrobes built in.
With window to the rear elevation, flooring and radiator. Bathroom White suite comprising of wash hand basin with vanity storage unit underneath, pedestal wc and bath with mixer shower over.
Large velux style window to the roof with heater and flooring. External Via archway to the rear are parking spaces, bin store etc for each flat.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
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FAQ
About Flat 5, 21, High Street, Billingborough
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