2-bedroom flat · WR11 1JX
Sold STCListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**FULLY REFURBISHED AND WELL PRESENTED TOP FLOOR 2 BEDROOM APARTMENT IN POPULAR LOCATION** Internally boasting 2 good sized bedrooms, generous lounge, fully fitted kitchen/ diner, family bathroom with shower and multiple storage cupboards.
Outside the property benefits from well kept shared areas and parking.
The property would make a fabulous first time buy, bolt hole or investment with an estimated monthly rental income of £850-£900pcm.
Front - The property is approached via a well kept shared entrance with parking.
Hallway - Wood affect vinyl flooring underfoot, integrated storage cupboard and access to both bedrooms, family bathroom, lounge and kitchen diner.
Kitchen / Diner - Mix of wall and base units, surmounted by worktops, splash back tiles and integrated wash hand basin with mixer taps and drainer.
Space and plumbing for white goods and oven with hob over. UPVC DG windows to front aspect., radiator, wood affect vinyl flooring and dining area.
Lounge - Dual aspect - UPVC DG windows to rear and side aspects. Wood affect vinyl flooring underfoot and radiator.
Bedroom 1 - Wood affect vinyl flooring underfoot, integrated double wardrobe and vanity unit, radiator and UPVC DG windows to rear aspect.
Bedroom 2 - Wood affect vinyl flooring underfoot, radiator and UPVC DG windows to side aspect. Family Bathroom - Part tiled walls, wood affect vinyl flooring underfoot. UPVC DG window to front aspect.
Bath with shower over, low flush wc, stand alone wash hand basin, wall mounted heated towel rail and integrated storage unit. Additional Information - Lease Length: 971 Years.
Service Charges: circa £1200 pa.
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
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