Studio flat · NN10 8PQ
Listing removedReduced £45 (−5.5%) on 26 MayListed 195 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A loft-style conversion of a former shoe factory. A 1-bedroom ground-floor apartment is available to rent in the South Building.
The apartment is finished to a very high specification and will include wooden flooring with underfloor heating, a luxury fitted kitchen and bathroom, blinds, double glazing, and an allocated parking space.
Unfurnished. Available now. Entrance Hall - Door to: Lobby - Door to: Bathroom - Bedroom - 3.64m (11'11") x 3.11m (10'3") - Window to rear.
Lounge - 4.58m (15') x 3.64m (11'11") - Two windows to rear, open plan to: Fitted Kitchen - 3.49m (11'5") x 2.28m (7'6") - Window to side.
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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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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