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See how verdicts work2-bedroom flat · PE29 2LL
For saleReduced £15k (−9.4%) on 15 OctListed 176 days
Opportunity summary
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About
This charming one bedroom over 55's apartment offers accessible accommodation within the highly desired Chestnuts retirement development. Close to local shops, transport links and amenities.
EPC Rating: C Introduction A well proportioned two bedroom retirement apartment ideally located within Godmanchester, close to local amenities, shops and transport links.
The property overlooks the well manicured communal gardens and there is a lovely sense of community within the development, with regular functions and activities as well as a communal living room and library with seating areas leading down to the river, ideal for socialising on a summers evening.
Location The idyllic and picturesque village of Godmanchester is situated adjacent to Huntingdon just over the River Ouse - easily within walking distance of the town centre there is access to the bus and train stations.
Within Godmanchester itself there are a number of impressive examples of architecture including the Parish Church, Island Hall and the Chinese Bridge as well as numerous local amenities including public houses, hairdressers, cafe's, schools and shops as well as countryside walks.
Gross Internal Floor Area The Gross Internal Floor Area is approximately 797 sq/ft / 74 sq/metres. Entrance Hall Door to front elevation. Large built in storage cupboard with light and socket.
Airing cupboard housing the hot water tank. Living Room (3.18m x 7.30m) UPVC dual aspect windows to rear and side elevation offering peaceful and serene views. Electric heater.
Electric fireplace with surrounds. Intercom system Kitchen (2.10m x 4.04m) Fitted with a range of base and wall mounted units with worksurface.
Electric oven and grill, 4 ring hob with extractor hood over. Stainless steel sink and drainer. Tiled surrounds. Space for fridge- freezer.
Principal Bedroom (2.69m x 4.21m) Double bedroom with UPVC window to rear elevation. Built in double wardrobe with mirrored sliding doors. Electric heater and TV aerial point.
Bedroom Two (1.90m x 4.87m) Single bedroom with UPVC window to rear elevation and electric heater.
Wet Room (2.05m x 1.67m) Fitted with a three piece suite comprising electric shower area with drainage and floor to ceiling tiled surrounds, pedestal wash hand basin, heated towel rail and low level WC.
Extractor fan. Electric heater.
External Externally there is allocated and visitor parking along with a beautifully maintained, extensive communal garden primarily laid to lawn benefiting from mature trees and borders along with a river frontage.
Residents also have access to a communal shed primarily used for scooter storage allowing quick and easy access to Godmanchester.
Tenure The Tenure of the Property is Leasehold, the lease terms is for 99 years from 1st April 1988,61 years remaining, the current ground rent being £214.78 per annum.
Service Charge The current service charge is approximately £4620.72 per annum.
The service charge is inclusive of buildings insurance, communal area maintenance, lifts to each floor, communal ground maintenance as well as an on site manager and 24 hour emergency Appello call system.
Council Tax The Council Tax band for the Property is B. Agent Notes These particulars whilst believed to be correct at time of publishing should be used as a guide only.
The measurements taken are approximate and supplied as a general guidance to the dimensions, exact measurements should be taken before any furniture or fixtures are purchased.
Please note that Oliver James Property Sales and Lettings has not tested the services or any of the appliances at the property and as such we recommend that any interested parties arrange their own survey prior to completing a purchase.
Money Laundering Regulations In order to progress a sale, Oliver James will require proof of identity, address and finance.
This can be provided by means of passport or photo driving licence along with a current utility bill or Inland Revenue correspondence.
This is necessary for each party in joint purchases and is required by Oliver James to satisfy laws on Money Laundering.
Communal Garden Externally there is allocated and visitor parking along with a beautifully maintained, extensive communal garden primarily laid to lawn benefiting from mature trees and borders along with a river frontage.
Residents also have access to a communal shed primarily used for scooter storage allowing quick and easy access to Godmanchester.
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.
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FAQ
About Flat 14, The Chestnuts West Street, Huntingdon
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