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See how verdicts work1-bedroom house · SG1 1YJ
Listing removedListed 577 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold chain free, this first floor, one bedroom apartment with balcony offers independent living whilst also benefiting from 24 hour Careline Service, on-site Manager, communal lounge and laundry room and gardens.
The apartment has a fitted kitchen, lounge/dining room, large double bedroom with fitted wardrobes and bathroom. The building offers car park, entry system and lift to all floors.
The development also offers a Guest Suite (at an additional charge) for family members to visit Pinetree Court is located in the heart of Stevenage New Town and is walking distance to the shops, bus and train stations.
Bus station 0.1 Miles Town Centre 0.1 Miles Asda supermarket 0.2 Miles Stevenage Train Station 0.2 Miles A1m Junction 7 0.9 Miles King George Surgery 0.5 Miles Lister Hospital 1.7 Miles Ground Floor Pinetree Court is a retirement development for the over 60's.
There is security entry on the ground floor where there is also a member of staff at most times during the day.
There is a fully equipped and spacious laundry room and a guest suite, should family members choose to stay over. There is a communal residents lounge with kitchen.
Entrance Hallway Security entry system, illuminated light switches. Lounge/Diner 4.22m x 4.88m (Max) (13' 10" x 16' 0") An L' shaped room provides space for the lounge and dining furniture.
Fuse box housed in the cupboard. There is a UPVC double glazed window and a door leading out to the private balcony. Wall mounted heater.
Kitchen 2.24m x 1.5m (7' 4" x 4' 11") Fitted with a range of light wood cabinets and complimentary work surfaces. Stainless steel sink with mixer tap, integrated electric oven and hob with extractor.
An undercounter fridge and space for a freezer. Window to the front aspect. Double Bedroom 3.61m x 2.57m (11' 10" x 8' 5") Double glazed window to the rear aspect.
Built in double wardrobe with mirror fronted doors. Wall mounted heater. Communal Garden Delightful communal gardens with quiet seating area and established flower beds.
Parking Communal resident and visitor parking Lease Information The vendor has advised that the lease is 125 years from 2008 Ground Rent £395 per annum Service Charges £2242.68 per annum (£186.89 per month)
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 Pinetree Court, Danestrete, Stevenage
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