2-bedroom bungalow · WA9 5AG
Sold STCListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Offered exclusively to buyers aged 55 and over, this stylish and well-maintained two-bedroom retirement bungalow occupies a prime position within this highly regarded development.
Available for £129,375, representing a 75% shared ownership purchase, it provides comfortable, accessible accommodation within beautifully maintained grounds and a welcoming community environment.
The bungalow enjoys one of the development’s most convenient positions, just a short walk from the main reception with no roads to cross.
Allocated parking is also positioned immediately outside, allowing exceptionally easy access to the property.
Internally, a welcoming hallway with attractive Karndean flooring leads into the spacious lounge.
A single patio door opens directly onto a small patio, with further access to the stunning communal gardens just a short walk away.
The front area also provide space to add your own personality with flowerpots and other decorative touches.
The fitted kitchen can comfortably be used as a kitchen/diner, with space for a small table and chairs.
It includes an integrated oven and hob, along with separate spaces for a washing machine and tumble dryer. Karndean flooring provides a stylish and practical finish.
Both bedrooms are well proportioned, with the impressive principal bedroom measuring approximately 14 feet.
The accommodation is completed by an accessible walk-in wet room with practical non-slip flooring. Further benefits include full double glazing and gas central heating powered by a combi boiler.
Residents have access to an excellent range of facilities within the main village complex, including communal gardens, a residents’ lounge, library, shop, hair salon, bar and bistro.
Regular coordinated events and outings provide plenty of opportunities to socialise, while guest facilities allow visiting friends and family to stay within the complex.
The weekly service charge is £81.36 and covers gas, electricity and water bills, together with a broader range of services associated with the development.
A weekly rent of £62.05 is payable on the remaining 25% share.
Offering an ideal combination of independence, convenience and community living, this attractive bungalow is an excellent opportunity for anyone seeking an easily managed home in one of the development’s most desirable positions.
Parking - Allocated Parking
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 22 Reeve Court Village Stratton Drive, St. Helens
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