1-bedroom flat · AL10 0DD
Listing removedListed 461 days
Opportunity summary
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About
Situated in a cul de sac just a short walk from the town centre, and within walking distance of the train station and Business Park, is this spacious first floor flat offered as a 50% share (100% share also available) The property briefly comprises of a communal entrance hall with security entry phone system, spacious private entrance hall with a large walk in storage cupboard and additional storage cupboard, 24' dual aspect open plan living room/kitchen, double bedroom with built in wardrobe, bathroom/wc, double glazing and gas radiator central heating.
Outside there are communal gardens, refuge and drying areas. There is a private allocated parking space and guest spaces to the front. Lease in the process of being extended.
Living Room - 4.72m x 2.90m (15'6" x 9'6") - Window to front, open plan, door to: Communal Entrance Hall - Communal entrance door to front, security entry phone system, stairs to first floor landing, private entrance door to apartment.
Kitchen - 2.90m x 2.90m (9'6" x 9'6") - Window to rear, door to: Entrance Hall - Security entry phone, radiator, wood effect floor, storage cupboard, doors to: Bedroom - 3.45m x 3.18m (11'4" x 10'5") - Window to front, Storage cupboard, double door, door to: Lounge - Double glazed window to front, radiator, wall light points, open plan to kitchen, wood effect flooring.
Bathroom - Window to rear, door to: Refitted Kitchen - Fitted with a range of wall and base units, complimentary work surfaces with tiled splashback, stainless steel one and a half bowl sink drainer unit with mixer tap and cupboard under, inset electric hob with oven under and extractor hood over, space for fridge/freezer, washing machine and dishwasher, double glazed window to rear, wood effect flooring.
C'brd - Door to: Double Bedroom - Double glazed window to front, radiator, television and telephone points. Entrance Hall - Door.
Refitted Bathroom - White suite comprising of panel enclosed bath with mixer tap and shower attachment, complimentary wall tiling surround, w/c, vanity wash hand basin with storage under, extractor fan, radiator, wood effect flooring, double glazed window to rear.
Communal Grounds - Well kept grounds which are mainly laid to lawn, flower and shrub beds, various evergreens, communal drying area and bin stores Private Parking - Private allocated and guest parking available.
Leasehold Information - Service charge, ground rent and rent on the remaining share is £632.67 Lease length of 125 years.
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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