2-bedroom flat · WR11 1JX
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***CENTRALLY LOCATED CHAIN FREE GROUND FLOOR TWO BEDROOM HOME WITH LONG LEASE (970 YEARS REMAINING) AND MODERN KITCHEN & SHOWER ROOM *** This two bedroom ground floor home is offered to the market with no onward chain.
The property boasts two bedrooms, a long lease with 970 years remaining, modern kitchen & shower room and is within easy reach of Evesham town centre and train station.
The Property - As you approach the property you will find an abundance of communal parking, the flat is located on the ground floor of the building.
The accommodation comprises: entrance hall, kitchen, shower room/wet room, lounge/diner, two well proportioned bedrooms.
The property further benefits from an electric heating system and double glazing throughout.
Tenure - Leasehold Lease details: Lease Length - 1000 years from 1 January 1996 Service charge - £1,053 Per Year (Approximate) Council Tax Band - A Entrance Hall - The welcoming central entrance hall has a wall mounted electric heater, doors opening into all rooms and useful built in storage.
Lounge/Diner - 4.60m x 3.53m (15'1 x 11'7) - The spacious lounge/diner has a double glazed window to the front aspect and two wall mounted electric heaters.
Kitchen - 2.69m x 2.64m (8'10 x 8'8) - The kitchen has a double glazed window to the rear aspect and wall mounted electric heater.
The modern kitchen has a range of wall & base units, sink with drainer and space for a fridge freezer, oven, washing machine and dishwasher.
Shower Room / Wet Room - 2.24m x 1.93m (7'4 x 6'4) - The shower room/wet room has an obscured double glazed window to the rear aspect and heated towel rail.
The modern suite comprises of a low level WC, hand wash basin and retractable shower unit, which opens up easily to create a wet room if needed.
Bedroom One - 3.63m x 3.35m (11'11 x 11'0) - Double bedroom with double glazed window to the rear aspect and wall mounted electric heater.
Bedroom Two - 2.87m x 2.39m (9'5 x 7'10) - Generous bedroom with double glazed window to the front aspect and wall mounted electric heater.
Outside - Externally you will find an abundance of communal parking and communal garden space to the rear of the building.
Referrals - We routinely refer to the below companies in connection with our business. It is your decision whether you choose to deal with these.
Should you decide to use a company below, referred by Leggett & James ltd, you should know that Leggett & James ltd would receive the referral fees as stated.
Team Property Services £100 per transaction on completion of sale and £30 of Love2Shop vouchers on completion of sale per transaction.
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.
Area
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FAQ
About Fountain Court, Waterside, Evesham
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