2-bedroom flat · M23 9SB
Let agreedListed 59 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Northern Etchells Homes are pleased to offer this two bedroom ground floor flat to the open market. Property comprises of open plan lounge/kitchen, two bedrooms and a jack and Jill bathroom.
Gas central heating and UPVC double glazing. Available 5th October 2024. Allocated Parking. Please email to arrange a viewing.
Relevant letting fees and tenant protection information As well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments Before the tenancy starts (payable to Northern Etchells Homes ‘the Agent') Holding Deposit: £200.00 Deposit: £100.00 higher then the stated rent.
During the tenancy (payable to the Agent) For English properties: Payment of £120.00 if you want to change the tenancy agreement.
Payment of interest for the late payment of rent at a rate of 3% Payment for the reasonably incurred costs for the loss of keys/security devices Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy During the tenancy (payable to the provider) if permitted and applicable Utilities – gas, electricity, water Communications – telephone and broadband Installation of cable/satellite Subscription to cable/satellite supplier Television licence Council Tax Other permitted payments Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Tenant protection Northern Etchells Homes is a member of CMP scheme which is a client money protection scheme, and also a member of The Property Ombudsman, which is a redress scheme.
You can find out more details on the agent's website or by contacting the agent directly.
Please note that lettings agents are required by law to publish on their websites information for potential tenants about relevant fees, redress schemes and client money protection schemes (including the names of those schemes).
Relevant fees must also be published on third party websites, such as Rightmove.
For properties to rent in England, details of the agent's membership of any redress scheme and client money protection scheme must also be published with their fees on Rightmove.
It is the agent's responsibility to ensure that all relevant information is provided to Rightmove and is up to date and accurate.
If the relevant information does not appear here, the agent may have included it within the property description.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Apartment 4 248 Lawnhurst Avenue, Manchester, M23
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