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See how verdicts work3-bedroom flat · PE19 5WX
For saleReduced £25k (−5.6%) on 1 AugListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within an exclusive riverside mill conversion, this stunning apartment offers a rare and exciting opportunity to enjoy modern living in a setting full of character and charm.
Boasting beautiful river and countryside views, spacious interiors, and a tranquil ambiance, the property truly combines comfort, style, and convenience.
Step into the apartment to find an impressive living/dining room, flooded with natural light. The room’s generous proportions and elegant layout make it the perfect hub for family and entertaining.
The kitchen is thoughtfully fitted with integrated appliances and showcasing a vaulted ceiling that adds a spacious and airy feel.
The property offers three double bedrooms, each providing comfortable and versatile accommodation.
The principal bedroom benefits from a private ensuite shower room and the family bathroom serves the remaining bedrooms. Every room has been designed to maximise the outlook and beautiful views.
Additional highlights include the lift providing effortless access to all floors, the security and prestige of owning a share of the freehold and the delightful communal grounds that offer a peaceful retreat just outside the doorstep.
Entrance Hall Coving to ceiling, recessed downlighters, security intercom, double storage cupboard with space and plumbing for washing machine or washer/dryer, cloaks cupboard with hanging and shelving, radiator.
Living/Dining Room 23' 7" x 15' 9" (7.2m x 4.8m) A double aspect room with double glazed windows to front and rear elevations, fitted window meshes, exposed feature brick work, coving to ceiling, two radiators, opening to Kitchen 9' 10" x 8' 1" (3m x 2.47m) Double glazed window to side aspect, fitted window mesh, vaulted ceiling, fitted in a range of base and wall mounted units, drawer units, complementing work surfaces and tiling, single drainer sink unit with mixer tap, a range of integrated appliances incorporating electric double oven and gas hob with cooker hood over, fridge freezer, dishwasher, water softener, concealed wall mounted gas fired central heating boiler serving hot water system and radiators.
Principal Bedroom 12' 10" x 9' 10" (3.9m x 3m) Two double glazed windows to front aspect, fitted window meshes, coving to ceiling, recessed downlighters, two radiators, double built in wardrobe with hanging and shelving.
En Suite Shower Room Double glazed window to front aspect, fitted window mesh, fitted in a three piece suite comprising low level WC, wash hand basin, shower cubicle, complementing tiling, heated towel rail, recessed downlighters.
Bedroom 2 10' 2" x 9' 2" (3.1m x 2.8m) Double glazed window to rear aspect, fitted window mesh, coving to ceiling, recessed downlighters, radiator.
Bedroom 3 9' 6" x 9' 4" (2.9m x 2.84m) Double glazed window to rear aspect, fitted window mesh, coving to ceiling, recessed downlighters, radiator.
Family Bathroom Double glazed window to rear aspect, fitted window mesh, fitted in a three piece suite comprising low level WC, wash hand basin, panel bath with shower attachment over, complementing tiling, heated towel rail, recessed downlighters, airing cupboard housing Megaflow hot water system, central heating controls and shelving.
Outside The property benefits from two allocated parking spaces. Communal grounds extend to the rear of the site with a third of an acre (sts) flower meadow siding onto the river and private dock.
There is a secure communal bike store and separate bin store.
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, DezRez Legal, who will contact you directly. They will need the full name, date of birth and current address of all buyers.
There is a nominal charge payable direct to DezRez Legal. Please note that we are unable to issue a Memorandum of Agreed Sale until the checks are complete.
Tenure Freehold Annual Service Charge Approximately £1,400 per annum Council Tax Band - D
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 13 The Old Flour Mills, Mill Road, St Neots
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