2-bedroom flat · PE8 4FE
For saleListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor apartment, set within beautiful communal grounds, within a managed scheme for those over the age of 55.
This first floor apartment is within Severn House which is a purpose built block of apartments with views of the communal gardens. The front door has a useful storage cupboard to one side.
The door opens to the hall, which has a stair lift rising to the first floor. The landing leads to the two bedrooms, the shower room and the large and light living room, which has lovely views.
The kitchen offers a range of wall and base units with work-surfaces and inset sink. Integrated appliances include an electric oven and hob. The washer/ dryer and the fridge freezer are also included.
There are two comfortable bedrooms, each with a window to the front. The larger bedroom has a useful wardrobe. Adjacent is the shower room with WC and wash basin.
There are attractive communal grounds and parking. 2 Severn House has a space under the carport.
Tenure - Leasehold Lease Details -99 Years from 9th May1989 Service Charge- Currently around £220 pcm but please check with us. Council Tax -Band B.
EPC - Band D Brochures IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. OUN240216/
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About Severn House, Riverside Maltings, Oundle, PE8
Explore nearby