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See how verdicts work1-bedroom flat · S2 1DD
Sold STCListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase a well-positioned one-bedroom apartment on Saxonlea Avenue, S2, offering affordable running costs, useful storage and excellent access to open recreational space.
Whether you’re a first-time buyer looking to take your first step onto the property ladder, a professional seeking a convenient home, or an investor looking for a potentially attractive rental property, this apartment offers a combination of practical features and low-cost ownership that is increasingly difficult to find.
With no ground rent payable, a minimal annual service charge of just £729PA, and Council Tax Band A, the property provides an appealing proposition for buyers conscious of their monthly and annual outgoings.
The apartment offers a practical one-bedroom layout, with the master bedroom benefiting from fitted wardrobes, providing valuable built-in storage while helping to maximise the usable space within the room.
A further benefit is found to the rear of the property, where residents can enjoy access to a communal garden — an ideal space to step outside, relax or enjoy some fresh air without the maintenance responsibilities associated with having a private garden.
The property also benefits from a locked storage cupboard, providing additional secure space for belongings that you may not want to keep within the apartment itself.
This is particularly useful for storing bikes, seasonal items, sports equipment or general household possessions. Location is another notable feature.
Directly opposite the property are playing fields, a football pitch and a basketball court, providing an attractive outlook and easy access to open recreational facilities.
Whether you enjoy walking, exercising, playing sport or simply appreciate having green and open space close to home, this is a valuable lifestyle benefit.
For buyers, one of the biggest attractions of this apartment is the combination of manageable running costs and practical amenities.
The absence of ground rent means there is no additional ground-rent liability, while the service charge of £729 per annum represents a relatively modest ongoing cost.
Alongside this, the property falls within Council Tax Band A, making the apartment particularly appealing to those looking to keep household expenditure under control.
The fitted wardrobes in the bedroom provide a convenient storage solution, while the additional locked storage cupboard gives you even more flexibility.
The communal garden offers outdoor space without the upkeep of a private garden, and the recreational facilities directly opposite add another dimension to the location.
For an investor, these features could also help make the property an appealing proposition to prospective tenants, particularly those looking for an affordable one-bedroom home with convenient storage and recreational space nearby.
For a first-time buyer, the property offers an opportunity to step onto the property ladder without the burden of ground rent, while the low service charge and Band A Council Tax add to its affordability.
If you're looking for a one-bedroom apartment that combines affordability, practical storage and access to outdoor recreational space, this property on Saxonlea Avenue, S2, is certainly worth viewing.
With no ground rent, a service charge of only £729 per annum, Council Tax Band A, fitted wardrobes, a communal garden, secure additional storage and playing fields, a football pitch and basketball court directly opposite, this apartment offers a compelling combination of value and convenience.
Contact us today to arrange your viewing and see what this property has to offer for yourself.
Entrance Hall 10'8" x 4'2" (3.26m x 1.29m) Providing access to: Living Room 16'11" x 11'0" (5.17m x 3.37m) Kitchen 9'4" x 10'0" (2.85m x 3.05m) Master Bedroom 11'8" x 7'9" (3.58m x 2.37m) Bathroom 7'4" x 5'6" (2.26m x 1.68m) Communal Garden To the rear of the property is a communal garden with its own outbuilding for storage.
Disclaimer Haybrook Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Haybrook Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
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