1-bedroom house · HD4 6BL
Listing removedListed 141 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DESCRIPTION ***** INCLUSIVE OF BILLS ***** Available to professionals or students is this purpose built six bed four bath home, brought to you by Martin & Co.
The house forms part of a purpose built home development in the popular area of Lockwood, with a range of amenities close at hand and just a short walk to the town centre and the University.
Externally the property has off road parking for residents and visitors, bike storage and garden areas - ideal for those summer BBQ days!
The property has been specifically designed as a multiple occupancy home and works brilliantly.
The ground floor of the property is the heart to the home and has a large open plan living room and kitchen.
The kitchen has a fantastic modern feel with a range of stylish wall and base units with all appliances in place; appliances include oven / hob, fridge / freezer, dishwasher and washing machine.
The living room area is a great place for relaxing with friends and comes complete with modern furniture and a large flat screen TV.
The first and second floors of the house each house three modern and spacious bedrooms (six in total). 2 of which have an en-suite shower room and the other four have 2 shared bathrooms.
Each bedroom is a similar size and complete with the same furniture, so there will be no arguments about who gets the better room!
The rooms come complete with double bed, wardrobe, chest of drawers, bedside table, desk, office chair and shelving!
The en-suite shower rooms are fully fitted with shower, loo and basin in a modern finish - again, each en-suite is very similar in size.
Please contact Martin & Co on to discuss the houses - please don't miss out, call now!
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
FAQ
About Lockwood Scar, Lockwood
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