2-bedroom house · PE19 6BF
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
# A 30% SHARE IS BEING OFFERED FOR £72,000#. A modern two double bedroom home well located on this popular development, just a few minutes walk from St Neots mainline station.
The excellent accommodation includes a separate entrance hall, cloakroom, living room to the front and a kitchen/diner to the rear.
Upstairs, both the bedrooms are generously sized and there is a good quality white suite in the bathroom.
Outside, there is a small front garden and an enclosed rear garden laid to lawn plus a private parking space. Early viewing is strongly advised. Construction Type Brick, tile and render.
Entrance Hall Solid entrance door, radiator, stairs to the first floor, central heating thermostat. Cloakroom Two piece white suite, radiator, extractor fan, vinyl flooring.
Living Room 3.6m x 3.6m (11' 10" x 11' 10") Double glazed window to the front, two double radiators, TV connection and broadband point, built-in under stairs cupboard, door to: Kitchen/Diner 4.16m x 3.7m (13' 8" x 12' 2") A fitted range of light wood effect base and wall units, stainless steel sink and splashback tiling, plumbing for washing machine and space for a tumble dryer, double glazed window to rear, stainless steel gas hob with electric oven and extractor hood, fridge/freezer space, double radiator, vinyl floor, door to: Rear Lobby Double radiator, double glazed door to the rear garden.
Landing Access to the loft space, airing cupboard housing the gas fired combination boiler, further built-in cupboard, smoke alarm and carbon monoxide detector.
Bedroom One 4.6m x 2.7m (15' 1" x 8' 10") Double glazed window to front, double radiator, wardrobe recess, air filter.
Bedroom Two 4.5m x 2.5m (14' 9" x 8' 2") Double glazed window to rear, double radiator, air filter.
Bathroom Three piece white suite comprising a modern panelled bath with mixer tap shower attachment, wash hand basin and close coupled WC, splashback tiling, double glazed window, extractor fan and air filter, shaver point, double radiator.
Front Small open plan and planted. Rear Garden Enclosed and laid to lawn, paved patio, timber shed, tap and light, rear gate. Parking Allocated parking space.
Notes Council tax band B - £2008.42 pa. Lease term - 83 yrs unexpired. Service Charges (Building Insurance) - £15.87 pcm. Monthly rent of £435.42 for the remaining 70%.
Full market value £240,000. Selling a 30% share for £72,000.
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
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FAQ
About Paddock Close, St Neots, PE19
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