1-bedroom house · BN14 7BF
Sold STCListed 118 days
Opportunity summary
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About
A one bedroom ground floor retirement flat in the popular Cloisters development overlooking communal grounds and being close to Broadwater thoroughfare.
The apartment has access to a communal lounge if required and accommodation includes as follows: Private entrance, entrance hall, lounge/diner, kitchen, one double bedroom and a wet room/WC.
Externally there are communal gardens and the property is offered with vacant possession. CHAIN FREE.
EPC Rating: C The Cloisters The Cloisters is an ideal retirement development located close to Broadwater's main shopping parade and amenities.
The development is very well maintained and has attractive communal grounds with seating areas, and with only 42 flats in the development it also offers a welcoming community.
Communal Hallway Side and front entrances via glazed communal doors with security entry phone system. Walkway with private door to: Entrance Hall Dimensions: 4.50m x 1.04m (14'9 x 3'5).
Built in storage cupboard. Further built in airing cupboard. Electric radiator. Wet Room/wc Dimensions: 2.01m x 1.68m (6'7 x 5'6). Walk in shower with electric shower unit.
Vanity unit with hand wash basin and mixer tap. Dual flush toilet. Electric heated towel rail. Extractor fan. Shaver point and warden pull cord. Bedroom Dimensions: 3.81m x 3.25m (12'6 x 10'8).
Double glazed window overlooking communal gardens. Built in storage cupboard and fitted wardrobes. Electric radiator. Emergency pull cord.
Living/Dining Room Dimensions: 4.80m x 3.07m (15'9 x 10'1). Double glazed window overlooking rear garden. Electric radiator. Emergency pull cord.
Kitchen Dimensions: 1.65m x 2.62m (5'5 x 8'7). Work surface having inset stainless steel sink with mixer tap. Space and plumbing for washing machine. Space for fridge/freezer.
NEFF two zone induction hob. Matching range of cupboards, drawers and eye level wall units. Double glazed window overlooking rear garden.
Communal Facilities The block offers a communal lounge and kitchen area. There is also a guest suite available at a rate of £12.50 for single occupancy and £15.00 for double occupancy.
Communal Gardens Attractive and well kept communal grounds and gardens offering various lawn and seating areas.
Residents Parking Non allocated residents parking spaces to the West elevation of the development.
Lease Information Lease: 62 Years Remaining Maintenance: £2,484 Per Annum Ground Rent: £0 Per Annum Council Tax Band A
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.
Area
Agent & docs
FAQ
About Carnegie Road, The Cloisters, BN14
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