2-bedroom flat · TA1 1TL
Sold STCReduced £10.5k (−9.5%) on 11 JunListed 462 days
Opportunity summary
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About
A TWO BEDROOM GROUND FLOOR RETIREMENT APARTMENT WITH BRAND NEW KITCHEN AND SHOWER ROOM **PART EXCHANGE AVAILABLE** Avongrove Court was constructed by McCarthy & Stone (Developments) Ltd.
The development comprises 36 properties arranged over 3 floors served by a lift. Seven flats are located in a separate annexe.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over 60 years of age and in the event of a couple one must be over 60 and the other over 55.
*An amount equivalent to 2 years service charge at the current rate will be given by the way of allowance on completion ACCOMMODATION This property has been re-furbished with new a new kitchen and bathroom and re-decorated and re-carpeted throughout in 2025.
ENTRANCE HALL Emergency intercom and door entry system. Intruder alarm. Illuminated light switches. Two chandelier light fittings. Power point.
Door to airing cupboard housing insulated hot water cylinder and immersion heater. Wall cupboard housing electric meter with shelves under and plumbing for washing machine.
A door from the Entrance Hall leads to the; LIVING ROOM with window Electric fire and fire surround, night storage heater. Power points to include TV aerial point. Telephone point.
Two chandelier light fittings. Emergency pull cord. Coved and artex ceiling.
Double glass door leading to; RE- FITTED KITCHEN with window Partly tiled and fitted with a range of wall and floor cupboards.
Stainless steel sink unit with single drainer and working surfaces. Built-in electric oven and hob with extractor hood. Spaces for refrigerator and freezer. Ceiling light point. Fan heater.
Emergency pull cord. Power points. BEDROOM ONE with window Illuminated light switch. Telephone point. Ceiling light fitting. Built in wardrobe with mirrored doors.
Built-in six drawer unit and two further storage cupboards. Electric night storage heater. Emergency pull cord. Coved and artex ceiling. Power points.
RE-FITTED SHOWER ROOM with window Fully tiled and fitted with suite comprising shower unit. WC with low level flush. Vanity unit. Extractor fan. Fan heater. Shaver point.
Chandelier light fitting. BEDROOM TWO with window Storage heater, power points, emergency pull cord.
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
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FAQ
About Avongrove Court, Off Staplegrove Road
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