2-bedroom flat · SG3 6EE
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a highly regarded location in Knebworth, with the village’s excellent range of local amenities quite literally on the doorstep, is this exceptionally well-presented two-bedroom first-floor apartment within a sought-after McCarthy & Stone development, exclusively designed for residents aged 60 and over.
Two-bedroom apartments within this development are rarely available, making this an excellent opportunity for those looking to downsize without compromising on space or comfort.
The accommodation benefits from underfloor heating (running costs included within the service charge) and comprises a spacious entrance hall with a useful laundry/storage cupboard, leading into an impressive 20ft dual-aspect living room.
A bright and airy space, the living room provides an ideal area for day-to-day living and leads through to the fitted kitchen.
The sleeping accommodation comprises a generous principal bedroom with fitted wardrobes and en-suite facilities, while the second bedroom provides a versatile guest room or additional living space.
A well-appointed family bathroom completes the internal accommodation.
Constance Place is a highly exclusive development of just 26 individual & well-planned apartments specifically designed to offer the very best in retirement living for the 60+ age group.
Set within attractive landscaped gardens and within easy reach of the local village amenities and mainline rail link, these beautiful properties offer an elegant ancillary club lounge and guest suite for visitors, a house manager, video entry system and 24-hour emergency call link.
To the front there is ample parking available for residents and visitors. Energy Rating: B
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 15, Constance Place, Hertfordshire
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