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See how verdicts work2-bedroom flat · ST15 8FN
Sold STCListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented ground floor apartment set in a quiet and popular location on the southern outskirts of Stone in close proximity to the canal.
With new lease in process giving 154 years remaining and offering accommodation comprising: Hallway, living room diner, modern kitchen with integral appliances, two bedrooms and a modern shower room.
Also benefitting from uPVC double glazed windows throughout and allocated parking for one vehicle.
Conveniently located within easy reach of a host of local amenities, strolling distance to Stone town centre and Aston Marina.
Early viewing essential - no upward chain Communal Entrance Shared entrance area with secure resident door release phone system Apartment Hallway A solid front door with spy hole opens to a good size hallway with ceiling coving, wall mounted electric panel heater, fitted door mat and carpet, storage cupboard housing the hot water storage system, doorways to the living room diner, both bedrooms and the shower room.
Living Room Diner A cosy reception room with uPVC double glazed window to the front elevation, wall mounted electric panel heater, carpet, TV connection and archway to the kitchen.
Kitchen Fitted with a range of white finish wall and floor units, contrasting oak effect work surfaces with brick tile splash-backs and inset stainless steel sink and drainer with chrome mixer tap.
Recessed ceiling lights, uPVC double glazed window to the front aspect and oak effect laminate flooring.
Appliances including: Ceramic electric hob with extractor fan and light above, integral electric oven, fridge, freezer and washer dryer. Plumbing for a dishwasher.
Bedroom One A double bedroom offering fitted wardrobes and storage to one wall, carpet and uPVC double glazed window to the rear of the apartment.
Bedroom Two With rear aspect uPVC double glazed window, fitted wardrobe and storage, wall mounted electric panel heater with ornate surround and carpet.
Shower Room Fitted with a white suite comprising; vanity wash hand basin with storage unit and chrome mixer tap, WC, corner shower enclosure with mains twin head thermostatic shower system.
Recessed ceiling lights, brick tile effect Showerwall clad walls, chrome electric towel radiator, extractor fan and planked scrubbed oak effect vinyl flooring.
Outside Watersmeet Court has lawned and shrubbery areas to the front and rear aspects which are maintained within the annual service charge.
The apartment has a close proximity allocated parking space for one vehicle and there is additional visitor parking available.
General Information Leasehold : 154 years remaining Service Charge: £1180.00 pa - £590.00 paid twice a year in April & October Ground Rent: £150.00 pa Council Tax Band - B For sale by private treaty, subject to contract Vacant possession on completion Services Mains water, electricity and drainage.
Electric heating. Viewings Strictly by appointment via the agent.
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
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FAQ
About 1, Watersmeet Court, Stone
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