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See how verdicts work3-bedroom flat · CH3 5AD
Listing removedListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION Situated within a secure gated development on Steam Mill Street, this spacious three-bedroom, two-storey apartment is offered for sale with tenants in situ, generating a current rental income of £1,300 per calendar month and presenting an excellent investment opportunity close to the city centre.
The property is accessed via its own private front door, opening into an entrance hallway with a useful storage cupboard to the left and a ground-floor WC to the right.
To the rear of the apartment is a large open-plan living, kitchen and dining area. The first floor offers a large bright master bedroom, alongside two further double bedrooms.
The master bedroom benefits from an en-suite shower room, while a family bathroom serves the remaining accommodation.
All bedrooms feature Juliette balconies, allowing plenty of natural light throughout. The apartment also comes with 2 allocated parking spaces.
LOCATION The property is ideally positioned just off Steam Mill Street, within easy reach of the canal and a range of local shops, while being only a short walk from the city centre and its extensive amenities.
The River Dee is close by, offering pleasant waterside walks and green open spaces, and the location also benefits from excellent transport links, with the train station easily accessible on foot, making it ideal for commuters and city living alike.
LEASE AND SERVICE CHARGE The lease was granted in 2005 with 200 years on it. The ground rent is £150 per annum The service charge is £1200 per annum.
FLOORPLAN These plans are included as a service to our customers and are intended as a GUIDE TO LAYOUT only. Dimensions are approximate.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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 1874 Bakers Court
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