1-bedroom flat · PE19 1DJ
Listing removedListed 352 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement flat for sale in this popular town centre over 55's development known as Old Market Court.
FULL DESCRIPTTION Building entrance Communal secure entrance to hall with lift to all floors, in addition to optional stairs. Second floor Communal landing with Personal front door to number 215.
Entrance hall Electric night storage heater, shelved storage cupboard, airing cupboard with hot water cylinder. Lounge Large PVCu window overlooking the main communal gardens for Old Market Court.
Electric storage heater and separate electric convection heater. TV point. Telephone point. Sliding double doors to Refitted kitchen.
Integrated hob, oven, fridge / freezer, extractor fan and microwave. Both the fridge and microwave are unused.
Kitchen has base and eye level cupboards, drawer units and tiled splashbacks to the worksurfaces. The kitchen has a UPVc window to the side.
There is plumbing for a washing machine and a stainless-steel half-bowl sink unit.
Bedroom Built-in double wardrobe, electric heater and PVCu window overlooking the main communal gardens for Old Market Court.
Bathroom 3-piece bathroom with panel bath (and shower fitted over), basin and WC. There is a vanity unit and an electric fan heater.
About Old Market Court There is a COMMUNAL LOUNGE, overlooking the gardens. There are also general kitchen facilities, hairdressers, and communal laundry facilities.
If you require it, there is a discreet outside laundry drying area. Old Market Court has a GUEST SUITE available for guests of the residents.
There is an on-site Development Manager who is on duty Mon-Fri during normal office hours. There is a 24-HOUR emergency care line for when the Development Manager is off-duty.
Each residence is fitted with emergency cords to alert the Manager or emergency care line. Each resident is also issued with an alarm pendant.
Old Market Court is located very close to the St Neots high street, with easy walking access to the shops and various supermarkets.
In addition, there is a Doctor's Surgery and two dental practices just over the road. The mainline train station is a short journey by car.
The development comprises 48 properties, over three floors, within two buildings. There is a vehicle entrance to the development from Tebbuts Road.
The driveway entrance leads to private communal parking. Leasehold 99 years from 1987.
Ground rent is paid half yearly: £107.82 / 6 months Service charge: £2909.96 PA (in 2024) The Service Charge includes water bill, buildings insurance, the provision of a Development Manager (Mon-Fri 9am-4pm), the out-of-hours emergency call line, all external building maintenance including the lift and gardens.
Note: The stated charges / costs are subject to change. Disclosure notice: The owner of this property is related to a member of the Gatehouse Estates team.
Buyer Information on Anti Money Laundering (AML) We are required by law to conduct anti-money laundering checks on those selling & buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you directly, at an agreed time, once you have had an offer accepted on one of our properties.
These checks cost £50 including VAT, for the transaction, not per person. This covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This is payable by you directly to Lifetime Legal and is non-refundable. Please note, we are unable to issue a sales memo to the solicitors/conveyancers until these checks are complete.
Phillip or Helen can answer any questions you may have and will guide you through the process when you make an offer on a Gatehouse 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
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 advisors 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.
Area
Agent & docs

FAQ
About 215 Old Market Court, St. Neots, Cambridgeshire. PE19 1DJ
Explore nearby