1-bedroom flat · PE12 9TW
Sold STCListed 547 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one-bedroom, raised-ground-floor apartment is situated within Garners Wharf, a stunning apartment in a historic warehouse conversion.
Initially converted into flats in 1987, this apartment is accessed via a secure communal entrance hallway via the front of the building.
The block stands in beautiful, well-maintained communal gardens offering over 510 sqft of lateral accommodation.
The dining kitchen and living space provide open-plan living, offering plenty of natural light via dual-aspect windows. The kitchen area has wall and base units and an integrated cooker/hob.
The lounge area has characterful features, including exposed brick walls. In addition, there is a double bedroom and a separate bathroom with a three-piece suite with a shower attachment.
The car park to this development is accessed via electrically controlled gates with an allocated parking space and additional visitor parking spaces.
The property stands in communal gardens that are exceptionally well maintained, with a gravelled area and seating. The property is currently let on a periodic tenancy of £525 per calendar month.
This property may appeal to an investor wishing to purchase as a going concern or an owner occupier. No onward chain.
PROPERTY DISCLAIMER Anti-Money Laundering Regulations: To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Credas.
Intending purchasers will be asked to produce identification documentation at a later stage, and we would ask for your cooperation to avoid delay in agreeing the sale.
General: We strive for accuracy in our sales details, but they should be viewed as an overview. If you’re keen on a specific aspect of the property, please contact our office.
We recommend this, especially if you’re considering a long journey to inspect the property. Dimensions provided are intended as a rough guide and may not be precise.
Services: We haven’t tested the services, equipment, or appliances in this property.
We strongly suggest potential buyers obtain their own surveys or service checks prior to submitting a purchase offer.
The details provided are given in good faith, yet they shouldn’t be perceived as factual representations or components of a deal.
Points mentioned in these particulars ought to be confirmed independently by potential purchasers.
No individual associated with Frank Modern possesses the authority to provide guarantees or make statements about this property. EPC Rating: D Parking - Allocated parking
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 West Bank, Sutton Bridge, PE12
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