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See how verdicts work2-bedroom property · CB11 3GZ
Sold STCReduced £25k (−7.7%) on 25 OctListed 295 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom, first floor retirement apartment in a favourable location within the town.
The apartment offers spacious accommodation with underfloor heating and benefits from landscaped communal gardens, house manager and 24 hour emergency call system.
Ground Floor - Communal Entrance Hall - Staircase and lift to upper floors.
First Floor - Private Entrance Hall - Entrance door, large built-in airing cupboard with fitted shelving and doors to adjoining rooms.
Sitting/Dining Room - Windows to the rear and side aspects and part-glazed door to: Kitchen - Fitted with a range of base and eye level units with stainless steel sink, four ring electric hob with extractor hood over, Bosch electric oven, integrated fridge, freezer and washing machine.
Window to the side aspect.
Bedroom 1 - Window to the rear aspect, walk-in wardrobe with fitted shelving and railing and door to: En Suite - Comprising ceramic wash basin with vanity unit beneath, low level WC, panelled bath with shower over and heated towel rail.
Bedroom 2 - Window to the side aspect. Shower Room - Comprising pedestal wash basin, low level WC, shower enclosure and heated towel rail.
Amenities - There are beautiful landscaped communal gardens, mobility scooter charging points, resident parking available to rent and free parking for visitors.
The secure apartments are served by an intruder alarm and camera entry system, with a lift to all floors.
In addition, there is a house manager, 24 hour emergency call system, communal sitting room and a guest suite for visitors (at an additional cost).
Leasehold - • Length of lease -125 years from and including 1 June 2012 (111 years remaining) • Annual ground rent amount - £495 p.a. • Annual service charge amount - £6,398.40 p.a.
Purchaser must be over the age of 60. Viewings - By appointment through the Agents.
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 South Road, Saffron Walden
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