1-bedroom flat · WF16 0LG
Listing removedListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well maintained one bedroom first floor flat which is handily placed within walking distance of the Heckmondwike town centre and local amenities.
The property which benefits from its own independent entrance, could be occupied with minimum of expense. Benefits from UPVC double glazing and electric storage heaters.
Briefly comprising living room with kitchen area, one double bedroom, bathroom, designated parking space to rear.
ACCOMMODATION LIVING ROOM - KITCHEN AREA 6`6` x 6`11` With a range of modern base and wall units. Incorporating single drainer sink unit, integrated electric hob and electric oven.
Plumbing for automatic washing machine. LOUNGE AREA 13`1` x 11`1` Laminate flooring. UPVC double glazed window with views to rear. Electric wall mounted storage heater.
BEDROOM ONE 10`11` x 9`11` BATHROOM 8` x 6`8` Three piece suite comprising bath with shower over, pedestal wash hand basin, low flush WC, airing / linen cupboard.
OUTSIDE To the rear of the property is a shared parking area with designated parking space and small seating area.
We understand that the tenure of the property is leasehold (shared freehold between the five flats) we are advised that a management company exists for the benefit of the five flats and the approximate monthly costs of the service charges which include building insurance currently equates to approximately £25 per month.
what3words /// null Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Chapel Mews, Heckmondwike
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