1-bedroom flat · SG1 1PS
Listing removedListed 47 days
Opportunity summary
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About
Guide price £210,000 - £220,000 * A stunning, recently refurbished one-bedroom ground floor maisonette, offering stylish and beautifully presented accommodation with its own private rear garden.
Further benefits include a share of freehold, no ground rent or service charges, gas central heating and a useful covered lean-to.
Guide price £210,000 - £220,000 * We are delighted to present to the market this stunning one-bedroom ground floor maisonette, situated within a popular residential location and having been recently refurbished to an impressive standard throughout.
Offering stylish, low-maintenance accommodation, the property also benefits from a share of the freehold, no ground rent or service charges, gas radiator heating and double glazing.
The accommodation begins with an entrance porch, opening into a bright and well-proportioned lounge/dining room, providing ample space for both relaxing and dining.
From here, a door leads to the generous double bedroom, while an inner hallway provides access to the kitchen and bathroom.
The spacious double bedroom is beautifully presented with wood-effect flooring, a contemporary vertical radiator and a double-glazed window providing plenty of natural light.
The modern re-fitted kitchen features a stylish range of wall and base units complemented by work surfaces and tiled splashbacks.
Further benefits include an integrated oven and hob with extractor hood above, sink and drainer with mixer tap, and space for additional appliances.
A door leads from the kitchen into a useful covered lean-to, which extends across the rear of the property and provides valuable additional space with direct access to the garden.
The contemporary re-fitted bathroom is finished with attractive panelled walls and comprises a modern three-piece suite, including a bath with shower over, wash hand basin and WC, complemented by a heated towel rail and extractor fan.
Externally, the property enjoys its own private and enclosed rear garden designed with ease of maintenance in mind and predominantly laid with artificial lawn.
A brick-built barbecue area provides an ideal setting for outdoor entertaining during the warmer months.
Combining a high standard of presentation with its own private garden and the considerable benefit of no ground rent or service charges, this superb maisonette would make an excellent first-time purchase, investment or alternative to a conventional apartment.
Viewing comes highly recommended to fully appreciate the quality and value on offer. Dimensions Porch Lounge/Diner 10'6 x 9'8 Bedroom 12'9 x 10'9 Kitchen 10'8 x 6'1 Bathroom 7'3 x 5'7 N.B.
**leasehold with share of freehold – approx. 107 years remaining** The property is held on a lease with approximately 107 years remaining and is sold with a share of the freehold.
The freehold of the building is jointly owned between the two maisonettes, meaning each property owner holds their individual lease while also sharing ownership of the freehold.
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
Agent & docs
FAQ
About 27, Ridgeway, Stevenage
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