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See how verdicts work2-bedroom flat · PE19 6GP
Listing removedListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1st floor, 2 bedroom apartment for sale.
Located on the popular 'Loves Farm' Estate, within easy walking distance to the St Neots Train Station, this apartment is perfect for those needing to commute for work.
This apartment offers good living space comprising of a good sized hallway with two storage cupboards and a 'cloak cupboard', two double bedrooms, a family bathroom with shower facilities over the bath tub.
Decent sized lounge diner and we are pleased to confirm an non open plan kitchen.
The property benefits from having full double glazing and gas central heating and the apartment offers additional security being on the 1st floor.
A real highlight to this apartment is the amount of large windows and its south facing aspect, creating a truely light and airy apartment.
The property comes with its own private allocated parking and it also comes with an private external bike store. This apartment is being sold on a Shared Ownership basis.
Shared ownership is a form of leasehold where you buy a percentage of the property, and pay rent on the share you don’t own. You may be able to purchase the remaining share at additional cost.
When you want to sell the property you will need the housing association's permission. The current seller share is 30% of the full market value of the property.
This is an excellent price in todays market and this is a really good opportunity for a FTB to gain a step on the housing market ladder.
This property has shares available to purchase, and you will pay a subsidised rent on the remaining share.
In the future you can purchase further shares in your home (this is known as staircasing) or sell your share and move on.
The market value of this apartment stands at £175,000, a 30% share is being offered for sale at a price of £52,500. The rent payable to the Landlord will be £406.98 a month.
Service Charge @ £81.12 Potential purchasers will need to meet the criteria set by BPHA. Further informaton about the Shared Ownership Scheme available on request. Roof type: Concrete roof tiles.
Mobile signal/coverage: Good. Flooded in the last 5 years: No. Does the property have flood defences? No. Building Safety: None of the above. Construction materials used: Brick and block.
Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (gas).
Broadband internet type: FTTP (fibre to the premises). Does the property have required access (easements, servitudes, or wayleaves)? No.
Do any public rights of way affect your your property or its grounds? No. Parking Availability: Yes.
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
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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 Great High Ground, Loves Farm, St. Neots, PE19 6GP
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