2-bedroom flat · SG2 8SZ
Sold STCListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming ground floor flat located in the desirable area of Bragbury End, Stevenage.
This well-presented property offers a delightful living space that is both bright and airy, making it an inviting home for individuals or small families.
The flat features two comfortable bedrooms, providing ample space for relaxation and rest. The reception room is a perfect area for entertaining guests or enjoying quiet evenings at home.
The layout is practical and functional, ensuring that every corner of the flat is utilised effectively. One of the standout features of this property is the convenience of having a garage.
This is a rare find in such a popular location, making it easier for you to come and go as you please. The long lease adds to the appeal, offering peace of mind for potential buyers or renters.
The surrounding area is known for its community spirit and accessibility, making it an ideal choice for those looking to settle in a friendly neighbourhood.
In summary, this ground floor flat at The Elms is a wonderful opportunity to acquire a well-maintained home in a sought-after location.
With its bright interiors, practical layout, and added benefits of a garage, it is sure to attract interest. Do not miss the chance to make this lovely property your own.
Communal Entrance: - Secure entry phone system through communal door with private from door to: Entrance Hall: - Radiator, cupboard and doors to: Living/Dining Room: - 5.28m x 3.15m (17'4 x 10'4) - Dual aspect UPVC double glazed windows to side and radiator.
Kitchen: - 3.12m x 2.16m (10'3 x 7'1) - Fitted with a range of base and wall units with contrasting roll edge worksurface incorporating single bowl with mixer tap and drainer, four ring hob with extractor fan over, built in oven, appliance space for fridge/freezer, dishwasher and washing machine, wall mounted gas boiler, tiled throughout and UPVC double glazed window to side.
Bedroom One: - 3.56m x 3.12m (11'8 x 10'3) - UPVC double glazed window to side and radiator.
Bedroom Two: - 4.14m x 2.64m (13'7 x 8'8) - UPVC double glazed window to side, radiator and built in wardrobe.
Shower Room: - 2.11m x 1.91m (6'11 x 6'3) - Low level WC, wash hand basin with mixer tap, walk in shower with mixer tap, tiled throughout, chrome heated towel rail and opaque UPVC double glazed window to side.
Garage: - With up and over door. Communal Garden: - Mainly laid to lawn with seating area for residents. Tenure: - Leasehold. 139 years remaining.
Ground Rent: £0 per annum Service Charge: £1,200 per annum
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About The Elms, Burghley Close, Stevenage
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