2-bedroom flat · ST15 8QZ
For saleListed 707 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb canal side facing ground floor retirement apartment in The Moorings (for the over 55's).
Conveniently located within strolling distance of Stone town centre and offering accommodation including; entrance hall, living room diner, modern fitted kitchen, double bedroom with French doors opening to a patio area and the communal gardens, second bedroom, and a modern shower room.
Parking is available for Moorings residents and visitors, there is also a visitors guest room, comfortable communal lounge with TV, and a laundry.
Viewing highly recommended - no upward chain Communal Entrance Offering a large reception area with secure entry phone system connected to each apartment, and lifts to all floors.
Apartment Entrance A panelled solid front door with spy-hole opens to the hallway. With two storage cupboards, intercom, and an airing cupboard housing the hot water storage system.
With doorways to the living room diner, both bedrooms, and the shower room. Living Room Diner A good size reception room a Upvc double glazed window overlooking the communal gardens and canal side.
With ceiling coving, two wall lights, electric panel heater, TV connection, and archway to the kitchen.
Kitchen Fitted with a range of white finish wall and floor units, contrasting granite effect work surfaces with tiled splash-backs and an inset composite 1 1/2 bowl sink and drainer with chrome mixer tap.
With appliances including: Electric ceramic hob with extractor hood and light above, integral electric oven, plus space for an upright fridge freezer.
Bedroom One A lovely double bedroom with Upvc double glazed French doors opening to a paved patio area enjoying views of the communal gardens and canal side.
With built-in wardrobes and storage to one wall, two wall lights, and electric panel heater.
Bedroom Two With Upvc double glazed window overlooking the communal gardens and canal side beyond Shower Room A modern shower room fitted with a white suite comprising; shower enclosure with Triton electric shower system, vanity wash basin with storage unit and chrome taps, low level push button WC.
Fully tiled walls, electric wall mounted fan heater, strip light shaver point, and extractor fan.
Communal Facilities The Moorings has excellent communal facilities with a popular resident lounge which holds regular social activities.
The lounge is on the ground floor and has direct access to the well kept communal canal side gardens.
In addition there is a library for the use of residents, communal laundry facility, and store room. There is car parking for residents and visitors available on site.
General Information For sale by private treaty, subject to contract Vacant possession on Completion.
Council Tax Band B Tenure - Leasehold: 99 years from 01/01/1989 - 64 years remaining Service Charge - £361.33 per month Ground Rent - £438.92 per annum (£219.46 paid every 6 months) Services Mains water, electricity and drainage.
Electric heating. Viewings Strictly by appointment via the agent
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 5, The Moorings, Stafford Street, Stone
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