1-bedroom house · CB7 4FA
Listing removedReduced £20k (−9.1%) on 5 SepListed 484 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented centrally located 1 bedroom first floor apartment having courtyard views and being part of the McCarthy & Stone retirement living complex suitable for residents of 70 years of age or over.
Residents can take advantage of the in-house restaurant, residents lounge with communal events, estate manager, landscape gardens, guest suite for visiting friends and family, 24 hour staffing for peace of mind and camera entry system.
Entrance Hall With intercom system, large storage cupboard.
Living Room With double glazed window overlooking the communal courtyard, part glazed door to: Kitchen With double glazed window to rear, wall and base level matching units, integrated fridge/freezer, low level integrated Bosch oven 4-ring Bosch induction hob with overhead stainless steel extractor hood, stainless steel sink unit with mixer tap, tiled floor.
Bedroom With double glazed windows to rear, loft hatch, walk-in wardrobe.
Wet Room With shower area with overhead shower, tiling, low level WC, wash hand basin with mixer tap and storage under, heated towel rail, vinyl flooring.
Agents Note It is a condition of purchase that residents must meet the age requirements of 70 years of age or over.
Tenure Leasehold - we understand the original 999 year lease commenced on the 1st June 2017 We understand there is a ground rent payable currently in the sum of £435.00 per annum with a review date of 1st January 2032 and a service charge payable currently in the sum of £813.00 per month from the 1st July 2025.
It is understood the following is covered by the service charge: 24-7 on-site estate manager and team 24-hour emergency call system Cleaning of communal windows Water rates for communal areas and apartments Electricity, heating, lighting and power to communal areas Upkeep of gardens and grounds Repairs and maintenance to the interior and exterior communal areas Contingency fund including internal and external redecoration of communal areas Buildings insurance Please note: The service charge does not cover external costs such as Council Tax, electricity or TV.
The current vendor has agreed to pay 2 years service charges for A new purchaser. Viewing Arrangements Strictly by appointment with the Agents.
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 Flat 54, Roslyn Court, Lisle Lane, Ely
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