2-bedroom house · NR15 2TL
For saleListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully maintained two bedroom mid-terrace home is offered on a 80% shared ownership basis being an ideal opportunity for first-time buyers to step onto the property ladder.
Situated within the highly desirable town of Long Stratton, the property is conveniently close to a wide range of local amenities, schools and public transport.
The property is offered in a most excellent condition and offers a good balance of comfort and practicality.
Allocated parking to the front give access to a bright and inviting entrance hall, complete with a convenient ground floor WC.
The heart of the home is the spacious lounge/diner, filled with natural light and thoughtfully designed to provide a versatile living and entertaining space.
French doors open directly onto the rear garden which is fully enclosed and perfect for enjoying outdoor time.
The kitchen is both stylish and functional, fitted with a range of contemporary units, modern appliances and tiled flooring, ideal for everyday cooking.
Upstairs, the property continues to impress with two generously proportioned bedrooms which are complemented by a well-appointed family bathroom finished in a modern style.
Further enhancing the appeal the property has been designed with energy efficiency in mind, featuring a solar hot water system and an air source heating system, helping to reduce running costs while supporting a more sustainable lifestyle.
An 80% share of the property is offered and being a leasehold property there are obligations towards a ground rent and service charge whereby the agent understands the total costs are £178 per month or £2136 per annum.
The lease originally reverts off a 99 year lease from 2010 with there being approximately 83 years remaining. Flagship Housing Association review the rent and service charge on an annual basis.
Services: Drainage - mains Heating - air source EPC Rating C Council Tax Band B Tenure - leasehold Anti-Money Laundering Fee Statement To comply with hmrc's regulations on Anti-Money Laundering (aml), Whittley Parish are legally required to conduct aml checks on every purchaser(s) once a sale is agreed.
We use a government-approved electronic identity verification service from Landmark to ensure compliance, accuracy, and security.
This is approved by the Government as part of the Digital Identity and Attributes Trust Framework (diatf).
The cost of anti-money laundering (aml) checks is £50 + VAT (£60 inc VAT) per purchase, payable in advance after an offer has been accepted.
This fee to Whittley Parish is mandatory to comply with hmrc regulations and must be paid before a memorandum of sale can be issued. Please note that the fee is non-refundable.
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 108, Lime Tree Avenue, Long Stratton
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