2-bedroom flat · PE29 2LL
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This second floor over 55's apartment offers bright and airy accommodation set in immaculate communal river side grounds.
The Chestnuts offers a range of facilities with a 24 hour emergency call service, residents lounge, laundry room and guest suite. Viewing is highly advised.
Solid Entrance Door To Entrance Hall Coving to ceiling, shelved storage cupboard with lighting and fuse board, airing cupboard housing hot water cylinder.
Living/Dining Room 17' 10" x 10' 4" (5.44m x 3.15m) Double glazed window, storage heater, coving to ceiling.
Kitchen 10' 5" x 6' 0" (3.17m x 1.83m) Fitted in a range of base, drawer and wall mounted units with work surfaces and tiling, under unit lighting, stainless steel single drainer sink unit with mixer tap, spaces for fridge freezer and cooker, coving to ceiling.
Bedroom 1 17' 1" x 8' 8" (5.21m x 2.64m) Double glazed window, coving to ceiling, storage heater, double built in wardrobe with mirror sliding doors, hanging and shelving.
Bedroom 2 14' 0" x 6' 2" (4.27m x 1.88m) Double glazed window, coving to ceiling, wall mounted electric convector heater.
Shower Room Fitted in a three piece suite comprising low level WC with concealed cistern, vanity wash hand basin, double shower cubicle with independent shower unit over, full ceramic tiling, heated towel rail, wall mounted electric heater, coving to ceiling, extractor fan.
Outside There are immaculate communal grounds leading down to the river Great Ouse. Residents and visitors parking available.
Agents Note The development benefits from a House Manager with a 24 hour emergency call service, residents lounge, laundry room and a guest suite.
Buyers Information To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, DezRez Legal, who will contact you directly. They will need the full name, date of birth and current address of all buyers.
There is a nominal charge payable direct to DezRez Legal. Please note that we are unable to issue a Memorandum of Agreed Sale until the checks are complete.
Tenure Leasehold 99 Years from 1988 with 62 years remaining Ground Rent - £215.00 per annum Service Charge - £4,584.00 per annum Council Tax Band - B
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
Agent & docs
FAQ
About West Street, Godmanchester, Huntingdon, PE29
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