1-bedroom flat · ST3 4QY
Listing removedListed 325 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 1 Foley Court is a delightful ground floor flat in a small purpose-built block consisting of only four flats.
There is a residents car park at the front of the block and this property is unusual in that it has its own private garden area to the side and rear and is adjacent to woodland.
The kitchen has just been totally refitted with an excellent range of wall cupboards and base units and the the standard of decoration and presentation throughout the property is particularly impressive.
There is UPVC double glazing throughout the property as well as gas central heating from a modern boiler.
The location of the flat makes it particularly desirable and impressive and certainly ideal either for single people, a couple or indeed buy-to-let investors. For more information call or e-mail us.
Material information Tenure - Freehold Council Tax Band - A Entrance Hall Stable type front door. Laminate look vinyl flooring. Airing cupboard with insulated hot water cylinder.
Lounge (4.11m x 2.90m (13'6 x 9'6)) Laminate look vinyl flooring. Radiator. UPVC double glazed bay window. Feature fireplace with tiled hearth and living flame effect electric fire. Fitted shelving.
Storage cupboard. Space for a table and chairs. Kitchen (2.72m x 1.80m (8'11 x 5'11)) Virtually brand new!
Featuring a complete range of wall cupboards and base units with a high gloss white finish and soft close doors and drawers. Concealed Glow Worm gas central heating boiler.
Plumbing for washing machine. UPVC double glazed window. Radiator. N.B. We understand that the appliances can be available to buyers.
Double Bedroom (2.90m x 2.69m (9'6 x 8'10)) Laminate look vinyl flooring. Radiator. UPVC double glazed window. Fitted shelves. Bathroom/Wc (1.98m x 1.80m (6'6 x 5'11)) Laminate look vinyl flooring.
Pale coloured suite with shower mixer taps to the bath. Part tiled walls. Radiator.
Outside There is a large residents car park to the front of Foley Court whilst to the side and rear of this flat there is a surprisingly large patio and garden area adjacent to woodland..
There is also outdoor lighting and an outside tap. Tenure We are advised by the vendor that there is a 125 year lease from 11 November 1988. The annual service charge payable is £50.
There is also a charge of £60 per annum in respect of ground rent.
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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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 Flat 1, Foley Court, Watery Lane, Stoke-On-Trent
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