1-bedroom flat · TN4 0FN
Listing removedReduced £50 (−2.2%) on 9 SepListed 124 days · slow let
Opportunity summary
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About
Overview Available now - retirement apartment in modern development, exclusively for the over 60s. Close to amenities, friendly community. Staff on-hand if needed. Flexible tenancies.
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Summary Enjoy all of the benefits of a McCarthy Stone retirement community with our assured, affordable and flexible tenancies, so you can rent your property for as long as you want (subject to a minimum term).
Renting in retirement provides a wealth of benefits including one monthly fee, removing any worries you may have about the upkeep of your property and the grounds.
You can move in at your pace, knowing there's long-term security with one of our Assured Tenancies and settle in to your new home with minimum fuss.
Apartment 5 is a one bedroom apartment situated on the ground floor with a south easterly aspect and a patio.
Located in the desirable town of Southborough, homeowners at Southborough Gate will become part of a close-knit community, exclusively for the over 60s.
Residents at the Southborough Retirement Living development will enjoy access to all the facilities, including the sociable club lounge, the landscaped gardens, and the additional feature of the guest suite, which is available for overnight visitors to use for a small fee.
The development is conveniently located just 100 yards from the local amenities, which include a variety of shops, a convenience store, Post Office, library, cafes and restaurants.
There is plenty of open green space close to the development including parklands, wooded areas and walking paths.
Southborough Gate has been tastefully designed to reflect the local architecture, including tile hanging, hipped and gable roofs, and simple outdoor canopies.
There will also be a drop off/pick up area at the entrance for ease of access.
Southborough Gate benefits from modern security, with a camera entry system, burglar alarms in every apartment, and an on-site House Manager during office hours.
The safety of all homeowners is also ensured with smoke detectors in all properties and communal areas, and a 24-hour emergency call system in every apartment.
A lift to all floors provides easy access for homeowners. Every high-quality apartment is fitted with double glazed windows for warmth and energy efficiency.
Plus, selected two bedroom apartments feature a study. Apartment 5 (Plot 7 on the site plan) is a one bedroom apartment situated on the ground floor with a south easterly aspect and a patio.
Apartment is a mirror image to what is shown.
Council Tax Council tax band: D Reservation Deposit Reservation deposit: £150.00 (to be offset against your initial payment and fully refundable should your Tenancy not proceed) Security Deposit Security deposit: £2601.92 (equivalent to 5 weeks rent of the apartment only, excludes any parking space rent)
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.
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