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See how verdicts work1-bedroom house · DN33 3LR
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the very popular Springfield Park over 55's retirement Park is this FIRST FLOOR ONE BEDROOM APARTMENT.
The development has the benefit of a programme of entertainment for the residents including coffee mornings, bingo etc other with an on site support system (not 24 hours).
The accommodation includes: Ground floor entrance with staircase and stairlift which leads up to the first floor private landing, excellent sized lounge/dining room, fitted kitchen/breakfast room, double bedroom and shower/bathroom.
Gas central heating system. Double glazing. Carpets and curtains included in the sale. Communal gardens. ONLY PART OF THIS PROPERTY IS BEING SOLD.
Draft Details - PLEASE NOTE THESE ARE DRAFT PARTICULARS AWAITING FINAL APPROVAL FROM THE VENDOR, THEREFORE THE CONTENTS HEREIN MAY BE SUBJECT TO CHANGE AND MUST NOT BE RELIED UPON AS AN ENTIRELY ACCURATE DESCRIPTION OF THE PROPERTY.
Accommodation - . Measurements - All measurements are approximate. Ground Floor - .
Personal Entrance Door - Approached via a double glazed entrance door having staircase which is fitted with an electric stairlift.
Single glazed door leads into:- First Floor Personal Landing - Double storage cupboard. Radiator. Coving to ceiling.
Lounge/Dining Room - 7.1 x 3.84 (23'3" x 12'7") - This excellent sized reception room has three double glazed windows to two elevation allowing an abundance of sunlight during daylight hours.
Coving to ceiling, radiator and the focal point of this room is the modern fire surround inset with an electric fire.
Lounge/Dining Room - Kitchen - 3.57 x 2 (11'8" x 6'6") - Fitted with a range of cream base and wall cupboards having light coloured work surfaces inset with a resin sink unit and space for a slot in cooker.
Contrasting tiled splash back plus wall boarding to one wall. Radiator, laminate flooring, double glazed window and coving to ceiling.
The Vokera gas fired boiler is concealed in a matching wall cupboard. Bedroom - 3.58 x 3.79 (11'8" x 12'5") - Two double glazed windows, radiator and coving to ceiling.
Fitted double wardrobe cupboard.
Bedroom - Bathroom/Wc - 2.95 x 1.99 (9'8" x 6'6") - Accessed directly off the landing this good sized bathroom is fitted with a shower cubicle which is finished with waterproof wall boarding and has a glass door to the front, a panelled bath, a pedestal wash hand basin and a low flush wc.
The remainder of the walls are half tiled. Vinyl flooring, radiator and coving to ceiling.
Communal Gardens - The complex stands in communal gardens which includes well planted rockeries, immaculately tendered lawns and well planted pergolas together with numerous seating areas.
There is a private car park for the residents which comes on a first come first served basis.
Communal Gardens - Communal Meeting Room - The meeting room is available for residents for parties together with regular get togethers which includes, bingo, fish and chip lunches etc.
In addition there is a laundry room with outdoor washing lines.
Tenure - Leasehold - We are informed by the seller that the tenure of this property is Leasehold for a period of 99 years from 28th February 1989 with a ground rent of £77.88 which is subject to review.
In addition there is a monthly service charge of £94 which includes maintenance of the communal grounds, building insurance, running of the company and the communal meeting room again this is subject to review.
Confirmation / verification has been requested. Please consult us for further details. Viewing Arrangements - Please contact Joy Walker Estate Agents on to arrange a viewing on this property.
Opening Times - Monday - Friday 9.00 am to 5.15 pm. Saturday 9.00 am to 1.00 pm
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.
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