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See how verdicts work1-bedroom flat · B28 8QY
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OVERVIEW Spacious one double bedroom first floor flat in Lakefield Close, off Lakey Lane in Hall Green presented to a high standard throughout with modern kitchen and bathroom, generous sized lounge and double bedroom.
Offered with No Upward Chain and having long lease the flat is ideally suited to first time buyer.
GROUND FLOOR Communal entrance hall with security entry phone system and stairs to: FIRST FLOOR having useful storage cupboard off and composite door opens to: HALL with wood effect flooring which is throughout the flat, radiator and double cloaks cupboard off.
LOUNGE 15' 5" x 11' 5" (4.70m x 3.50m) with double glazed window to the front and radiator.
MODERN KITCHEN 11' 9" x 9' 6" (3.60m x 2.90m) fitted with a matching range of base and wall units with roll edge worksurfaces inset with one and a half bowl sink unit, built in four ring gas hobe unit with oven under and canopy extractor hood over, plumbing for washing machine and cupboard housing the gas central heating boiler.
There is radiator and double glazed window to the rear. DOUBLE BEDROOM 15' 5" x 8' 10" (4.70m x 2.70m) having double glazed window to the front, radiator and access to loft storage area.
BATHROOM 8' 10" x 4' 11" (2.70m x 1.50m) having tiled walls and fitted with panelled bath having shower attachment over, vanity wash hand basin, low level w.c., heated towel rail and obscure double glazed window.
TENURE We are advised by the vendor that the flat is LEASEHOLD having approximately 115 years left on the lease with annual ground rent of£10 and service charge of £357.
(To be verified by your solicitor).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Lakefield Close, Hall Green
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