1-bedroom property · SG18 8LG
For saleListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, a spacious one bedroom ground floor retirement apartment with private "courtyard" space, just a 0.2 mile walk from Biggleswade mainline station and town.
Accessed via a secure entry system to the communal area, a short hallway leads you to the property front door.
Inside a welcoming entrance hall offers handy space for shoes and coats and access to all rooms.
To the right is a good sized bedroom with generous fitted wardrobes and airing cupboard whilst to the left is a re-fitted wet room shower.
The living/dining room leads to the fitted kitchen with space for appliances and a patio door leading to the private "courtyard" with raised planters, perfect for pottering and a patio space for a table and chairs.
There is also secondary secure gated access to the residents car park. The block is for over 60's and as a result offers a part time manager and community alarm service.
There is a service charge of £4777.20 per annum which is paid monthly at £398.10. Tenure: Leasehold - 125 years from 27th November 1992. Approx. 91 years remaining.
Local Authority: Central Bedfordshire Council Tax Band: B EPC: TBC 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, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers and ID.
There is a nominal charge of £80 inc VAT for this (for the transaction not per person), payable direct to Lifetime Legal.
Please note, we are unable to advertise a property or issue a memorandum of sale until the checks are complete.
REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Thomas Morris. BWE220239/
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
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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 Back Street, Biggleswade, Bedfordshire, SG18
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