2-bedroom flat · PE8 4FE
Listing removedListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverside Maltings offers accommodation for individuals aged 55 and over, managed by an on-site management office.
The development features a community room for social activities and a shared outdoor courtyard.
The property itself is a ground floor apartment which has been beautifully maintained and is presented in immaculate condition.
The accommodation comprises of an entrance hallway, leading into the living/dining room. This space is dual aspect with an electric fireplace, and neutral decoration.
The kitchen is equipped with integrated appliances including a dishwasher, washing machine and a fridge/freezer. With grey cupboards doors, clean laminate flooring and metro tiled splashback.
There is a rear lobby with a door to the communal garden and carpark. The main bedroom is a good size with built in wardrobes and a vanity unit. The second bedroom is a substantial single.
A large, modern wet room with a walk in shower and corner storage cupboards completes the property. This development offers a communal carpark. Located close to the centre of Oundle market town.
Oundle has many local amenities including a choice of supermarkets, a range of cafes and public houses, boutiques, hairdressers and a variety of sports and leisure facilities.
There is a bus stop conveniently positioned just outside of the development with routes to Peterborough and Corby.
Tenure: Leasehold (approximately 152 years remaining) Service Charge £232 pcm Council Tax: Band B Electric Heating No Forward Chain
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 Derwent House, Oundle, Northamptonshire, PE8
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