3-bedroom flat · SY1 1NG
Listing removedReduced £30k (−9.2%) on 26 MayListed 389 days
Opportunity summary
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About
Occupying a fantastic position within the heart of the town centre, this well proportioned three-bedroom apartment offers thoughtfully designed accommodation, situated on the second floor on an attractive purpose-built development, benefitting from lift access, secure gated parking, and a share of the freehold.
All mains services are connected Key Features - *Very well-presented communal entrance hall with staircase and lift access to the second floor *Good sized private inner hallway with useful storage *Impressive open plan living/dining room with three windows, including a feature bay window, allowing plenty of natural light *Separate fitted kitchen, complete with fully integrated appliances *Master bedroom with built-in wardrobe and en-suite shower room *Two further generous bedrooms and a well-appointed family bathroom with shower *Double glazed windows and gas fired central heating throughout – the windows have all been externally painted recently as part of the ongoing management of The Bank *Private allocated covered parking within a secure resident’s car park, which has electric gated access to Market Street and convenient pedestrian access via the rear of the main building *A fantastic location, quietly tucked away within the centre of town, a stone’s throw from the main shopping areas, bars, restaurants, railway station, Quarry Park, and riverside walks *Sold with no upward chain and a share of the freehold Living/Dining Room - about 6 x 3.64 (about 19'8" x 11'11") - Kitchen - about 2.5 x 3 (about 8'2" x 9'10") - Bedroom One - about 3.03 x 4 (about 9'11" x 13'1") - Ensuite - Bedroom Two - about 2.9 x 4 (about 9'6" x 13'1") - Bedroom Three - about 2.9 x 2.5 (about 9'6" x 8'2") - Bathroom -
Value & comps
No previous sales on record.
Returns
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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.
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