1-bedroom flat · SG2 8PZ
Listing removedListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Now; this one bedroom, ground floor flat situated in Park View, Oaks Cross.
Having been refurbished in 2024, the property was previously a studio flat but a partition wall allows the sense of a private bedroom space.
The property comprises; Lounge, bedroom, kitchen with combination boiler, shower room and three storage cupboards.
Situated on the corner of Park View; the property is close to local shops and amenities including; Local Shops 0.0 miles A1m 1.4 miles Town Centre 1.8 miles Stevenage Train Station 1.9 miles Entrance Hallway Doors to Lounge and bathroom.
Storage cupboard. Lounge 2.37m x 3.65m (7' 9" x 12' 0") A larger room that has been divided to make a lounge and bedroom. Large storage cupboard. Window to the front aspect. Radiator.
Bedroom 2.87m x 2.37m (9' 5" x 7' 9") Bedroom with window to the side aspect. Radiator. Kitchen 2.38m x 2.01m (7' 10" x 6' 7") Fitted kitchen with wall and base units with worksurface over.
Wall mounted combination boiler. Window to the side aspect. Electric hob. Washing machine and undercounter Fridge.
Shower Room 1.58m x 1.38m (5' 2" x 4' 6") Single shower enclosure with vanity wash hand basin and w/c. Tiled to splash areas. Window to the side aspect.
Storage This property also benefits from two further storage cupboards, one inside the communal block and one in the communal garden.
Agents Notes The property is available now for £1000pcm on an unfurnished basis.
The holding deposit of £230.76 is required to secure the property and a total deposit of £1153.84 is required on moving in (the holding deposit will be included into this.) You require to earn £30,000 per year between applicants.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 70, Park View, Stevenage
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