3-bedroom flat · SL8 5SH
Sold STCReduced £15k (−5%) on 5 AugListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious ground floor apartment with direct access to the communal gardens situated close to the centre of the village.
Entrance hall, Sitting/Dining room, Sun room, Kitchen, Three bedrooms, Bathroom, Gas central heating, Double glazing, Parking available, Communal gardens. No chain.
EPC Rating: D Entrance Hall Shelved airing cupboard with radiator, down lighters Sitting Room Feature fireplace with fitted electric fire, two radiators, sliding doors to Sun room Sun Room Tiled flooring, sliding doors to communal gardens Kitchen Fitted with a range of eye and base level units incorporating sink unit with mixer tap and drainer, built in oven, fitted four ring gas hob with extractor over, space for fridge/freezer, space and plumbing for washing machine, space and plumbing for dishwasher, space for appliance, wall mounted gas fired central heating boiler, tiled walls, tiled flooring, down lighters, window to side Bedroom 1 With a range of fitted wardrobes and matching drawers, radiator, window to side Bedroom 2 Radiator, door to sun room, window to side Bedroom 3 Radiator, window to side Bathroom White suite comprising panelled bath with Mira shower over, low level W.C., wash hand basin with cupboards under, heated towel rail, tiled flooring, tiled walls, window to side Parking Parking is available for residents (it is not allocated) Communal Gardens Attractive communal gardens surround the property
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
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FAQ
About 2 Russell House Cressington Place, Bourne End
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