1-bedroom house · PO6 2DE
Sold STCListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting a bright and peaceful aspect, overlooking the beautiful communal gardens, we are delighted to welcome to the market, this spacious one bedroom retirement apartment in Simmonds Lodge.
The complex was developed in 2016 and offers a fantastic range of facilities including a guest suite, communal residents lounge, fitness suite, wellness suite, car park, lodge manager and stunning, generous communal gardens that can be enjoyed all year round.
Being conveniently located to local amenities, bus services, QA Hospital and the train station – this property really does tick the boxes for someone looking to move into retirement living.The apartment is of modern and stylish design with décor of neutral tones.
A welcoming entrance hallway benefits from a large storage cupboard and the spacious, yet cosy lounge/dining room offers a great space for both relaxation and dining – whilst enjoying the lovely views over the attractive gardens.
A bright and sunny kitchen has a superb range of built-in appliances and has doors to separate off.
A double bedroom with fitted wardrobe space and the shower room complete the accommodation on offer.There is double glazing and a ground source heat pump system, supplying hot water and heating to all apartments and communal areas, which is covered by the service charge and feeds programmable thermostatically controlled hybrid hot water radiators in the lounge and bedroom.
Separately, there is a programmable electric towel rail radiator in the bathroom and an electric fan heater in the kitchen.
Offered with no forward chain, we highly recommend viewing at your earliest convenience.
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.
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About Simmonds Lodge, Drayton
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