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See how verdicts work2-bedroom house · BN14 7BF
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom ground floor retirement flat in the popular and sought after Cloisters development overlooking communal grounds and being close to Broadwater thoroughfare.
This particular apartment is unique in that it has direct access from the lounge to a sun patio area as well as the communal gardens.
The accommodation briefly comprises: entrance hall, lounge/diner, kitchen, two good size bedrooms and a shower room/WC. The apartment however is now in need of updating.
Benefits include communal residents lounge with kitchen and guest suite. Externally there are residents non allocated parking spaces and delightful communal gardens. CHAIN FREE.
EPC Rating: D GROUND FLOOR Outside security entry phone, Glazed doors leading through to communal hallways. Private front door to: Hall Night storage heater.
Shelved linen cupboard with lagged hot water tank with immersion heater. Cloaks/storage cupboard. Lounge / Diner 3.48m x 5.49m Double aspect. Two night storage heaters.
Double glazed window. Double glazed sliding patio door leading out to sun patio. Kitchen 1.98m x 3.18m Part tiled.
Comprising of work surfaces with with single drainer sink unit with mixer tap. Base units with cupboards and drawers. Slot in cooker. Matching eye level wall units.
Space and plumbing for washing machine. Space for tall fridge freezer. Double glazed window. Wall heater. Bedroom One 2.79m x 4.09m Fitted double wardrobe. Double glazed window.
Panel heater. Bedroom Two 2.08m x 4.09m Double glazed window. Panel heater. Shower Room/Wc Tiled shower room. Walk in double shower with glazed screen. Electric shower.
Vanity unit with wash hand basin. Light with shaver point above. Close coupled wc. Heated towel rail. Extractor fan. Communal Resident Facilities Residents lounge with kitchen.
Guest suite available at a rate of £12.50 for single occupancy and £15.00 for double occupancy.
Communal Garden Attractive and well kept communal grounds and gardens offering various lawn and seating areas featuring pergolas.
Parking - Off street Non allocated residents parking spaces to the West elevation of the development.
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
FAQ
About Carnegie Road, The Cloisters, BN14
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