2-bedroom flat · SG1 5TB
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £220,000 - £230,000 Located in Martins Wood, Stevenage, is this chain-free, two bedroom top floor flat, with parking.
Step inside a welcoming entrance hall with useful storage for coats, shoes and bags.
To the left is a bright and inviting lounge/diner, featuring dual-aspect windows that fill the space with natural light.
There is plenty of room for a dining table, making this a versatile space for both relaxing and entertaining.
The kitchen is conveniently positioned next to the dining area and has been finished with wooden cabinetry, grey worktops and metro-style tiled splashbacks.
Continuing through the entrance hall are two double bedrooms, further useful cupboard storage and access to the loft.
The modern bathroom is finished with a three-piece suite, including a vanity unit with sink and a bath with shower over.
Outside, the property benefits from well-maintained communal gardens and an allocated parking space.
The property is ideally located within easy reach of the town centre and nearby retail parks, offering a wide range of shops and amenities, as well as plenty of pubs, restaurants and coffee shops.
Excellent transport links provide easy access to the A1(M) both north and south, while Stevenage mainline station is also within easy reach.
With direct trains to London King’s Cross and St Pancras taking less than an hour, the location is particularly well suited to commuters.
A great property for a first-time buyer or start or add to a rental portfolio.
Lease Information - - 999 years from 6 November 1981 (954 years remaining) - £5 a year ground rent - Approximately £113 per month service charge
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
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FAQ
About St. Michaels Court, Stevenage
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