2-bedroom flat · PE29 2LL
For saleReduced £10k (−7.7%) on 11 JulListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom second floor retirement apartment The Chestnuts has a garden reaching to the River Great Ouse.
There are 38 apartments over 3 floors the majority in the new wing and seven conversions in the original house. There are lifts to all floors.
The Visiting Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Visiting Development Manager is off duty there is a 24 hour emergency Appello call system.
Each property comprises an entrance hall, lounge, kitchen, one/two bedrooms and bathroom. All windows are double glazed. It is a condition of purchase that residents be over the age of 55 years.
Ground rent review pending. Please speak to our Property Consultant if you require information regarding "Event Fees" that may apply to this property.
Accommodation Front door to Entrance Hall Light switch, ceiling light point. Airing cupboard with insulated hot water cylinder, electric meter and storage space.
Door to airing cupboard with insulated hot water cylinder, electric meter and storage space. Doors through to living room, both bedrooms and bathroom.
Living Room With Window Ceiling light fittings, storage heater, power points, TV aerial point, telephone point, security door entry system, emergency pull cord. An archways leads to the kitchen.
Kitchen Tiled and fitted with stainless steel sink unit, wall and floor cupboards with work tops. Built in electric oven. Space for fridge/freezer. Power points. Strip light.
Bedroom One With Window Built in wardrobe with hanging rail and shelf over. Storage heater, wall light fittings, power points, emergency intercom.
Bedroom Two With Window Storage heater, wall light fittings, power points, emergency intercom.
Bathroom Tiled and fitted with suite comprising shower cubicle fitted with hand grips and emergency push button, WC with low level flush and vanity unit with mirror over.
Strip light, extractor fan, wall mounted electric heater.
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
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FAQ
About 26, The Chestnuts (Huntingdon), Godmanchester
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