2-bedroom flat · SG1 4RQ
For saleListed 43 days
Opportunity summary
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About
Lease Extended to 170 Years | Second Floor | Chain Free | Balcony | Two Bedrooms | Ample Storage | Walking Distance to Lister Hospital A spacious two bedroom second floor apartment offered to the market chain free in Ingleside Drive, Stevenage.
Located in close proximity to Lister Hospital and 1 mile away to the Historic Stevenage Old Town.
The property comprises a wide entrance hall with two storage cupboards, living/dining room with balcony, kitchen, bathroom and two double bedrooms both with built in storage.
Externally the property offers communal parking & gardens.
Council Tax: Band B with SBC Lease: 170 years Service Charges: £1,337.20 per annum Ground Rent: £0 per annum Stevenage is a town and borough in Hertfordshire boasting extensive travel links across the UK with benefits of both the Historic Old Town and New Town.
The Old Town benefits from a good selection of restaurants and cafes, local businesses, Beauty Salons and Schools.
The New Town, currently under regeneration, offers a wider range of shopping facilities, Bus Station, Library, Theatre and Arts Centre, Mainline Train Station and adjoining Leisure Complex with various restaurants and entertainment amenities.
Stevenage Train Station boasts a direct train link to London Kings Cross, Gatwick Airport and Northern Towns such as Leeds and Newcastle.
Stevenage offers two access junctions to the A1M, 29 miles from London.
Communal Entrance: - Accessed via secure entry door with stairs to second floor and private front door to: Entrance Hall: - Two cupboards, and doors to: Living/Dining Room: - 4.75m x 3.15m (15'7 x 10'4) - Radiator, double glazed window to rear and sliding door opening to: Balcony: - Kitchen: - 4.27m x 2.01m (14' x 6'7) - Fitted with a range of base and wall mounted units with contrasting roll edge worksurface incorporating single bowl stainless steel sink with mixer tap and drainer, appliance space for cooker, washing machine and fridge/freezer, radiator and window to front.
Bedroom One: - 5.23m x 2.79m (17'2 x 9'2) - Double glazed window to front, radiator and cupboard. Bedroom Two: - 3.15m x 2.79m (10'4 x 9'2) - Double glazed window to rear, radiator and cupboard.
Bathroom: - 2.64m x 2.16m (8'8 x 7'1) - Three piece suite comprising pedestal wash hand basin with mixer tap, low level WC, panel enclosed bath with mixer tap, tiled throughout and opaque UPVC double glazed window to front.
Tenure: - Leasehold. 170 years remaining. Ground Rent: £0 per annum Service Charge: £1,337.20 per annum
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 Knowle Court, Ingleside Drive, Stevenage
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