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See how verdicts work1-bedroom flat · PE27 5RN
Sold STCListed 297 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented ONE BEDROOM GROUND FLOOR APARTMENT WITHIN A SOUGHT AFTER DEVELOPMENT IN TOWN CENTRE WITH NO ONWARD CHAIN!!!.
Accommodation comprises entrance hall, open plan lounge/dining/kitchen area, bedroom and bathroom.
The property has been very tastefully improved and is immaculately presented and also boasts its own enclosed garden area laid to Astro turf for low maintenance.
The property also benefits from being close to the local amenities, guided busway, parking for one car and close to river walks.
ENTRANCE HALL LOUNGE/DINING ROOM 5.31m x 3.46m (17'5" x 11'4") KITCHEN AREA 2.27m x 2.31m (7'5" x 7'7") BEDROOM 4.14m x 3.03m (13'7" x 9'11") BATHROOM OUTSIDE Allocated parking space in parking area to front of property.
An rare enclosed rear garden which is mainly laid to astro turf with shrub borders. Storage box and paved path to rear gated access.
LOCATION Proceeding from St Ives town centre along East Street, turn right into Broadleas and first left into North Road and left into Woodlands Court.
The property will be found on the left hand side.
AGENTS NOTE The vendor informs us that the property is leasehold with the current ground rent is £200 per annum and the current service charge is £90 per Calendar Month.
There is a 125 year lease from 6th March 2009. (109 years left to run) The service charge includes property insurance, upkeep of the communal areas/gardens and communal electricity.
NOTE TO PURCHASERS THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER WELLINGTONWISE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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.
Area
Agent & docs
FAQ
About Woodlands Court, North Road, St. Ives, Cambridgeshire, PE27 5RN
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