2-bedroom flat · SG1 6BH
For saleReduced £10k (−4.3%) on 29 SepListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delightfully presented and much cared for Two Bedroom top floor Apartment situated in one of the most prominent location in Great Ashby close to brooches wood with Allocated Parking.
Features include fitted kitchen, Lounge Area, Two Spacious Bedrooms, Bathroom, newly extended lease with 189 years remaining, Communal Gardens, Viewing Recommended.!
Entrance Hallway Laminate Flooring, Loft Access, Storage Cupboard, Dimer Switch, Loft Access, Entry Phone System, Consumer Unit.
Bedroom Two (3.10m x 1.88m (10'2 x 6'2 )) Single Panel Radiator, Velux Window to Front Aspect, Broadband Connection, Laminate Flooring.
Bedroom One (3.43m x 2.74m'2.13m (11'3 x 9''7 )) Laminate Flooring, Single Panel Radiator, T.V Point, 1 x Velux Window to Front Aspect.
Fitted Bathroom (1.88m x 1.88m (6'2 x 6'2)) Laminate Flooring, Low Level W.C, Bath with Mixer Tap and Shower Attachment, Extractor Fan, Shelving Units, Tiled Surround, Wash Basin, Single Panel Radiator, Shaver Point.
Lounge Area (3.94m x 4.06m (12'11 x 13'4 )) Laminate Flooring, Surround Sound System, 1 x Double Panel Radiator and 1 x Single Panel Radiator, 2 Velux Window to Rear Aspect, 2 x Double Glazed Window to Rear Aspect.
Allocated Parking One Allocated Parking Space situated at the rear of the block, additionally there are two visitors spaces and the rear and also an additional six guest spaces at the front of the building.
Local Information Cleveland Way is situated on the edge of Great Ashby and this property benefits from overlooking Brooches Wood, Neighbourhood Centre Complex and Round Diamond School are also a short distance from this property.
Block is managed by Charm Living Lease Information - 189 Years Remaining, note the lease has just been extended.
Reserve Fund -£314.06 P/A Maintenance & Service Charge - £1893.06 P/A There is now a zero Ground Rent Charge switching to a Peppercorn arrangement.
Value & comps
No previous sales on record.
Returns
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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 27, Cleveland Way, Great Ashby, Stevenage
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