2-bedroom flat · SG1 6GT
For saleListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**50% shared ownership**wondefully presented and spacious Two Bedroom ground floor Apartment with two allocated parking spaces situated on the edge of Great Ashby with an Open Aspect over the Communal Gardens.
Features include, fitted kitchen, Lounge and Dining Area with Juliet Balcony, two double bedrooms, Fitted Bathroom and Ensuite to Principle Bedroom, viewing stongly suggested.
Entrance Hallway (0.97m x 5.51m (3'2 x 18'1)) Laminate Flooring, Single Panel Radiator, Storage Cupboard, Entry Phone System, Large Cupboard with Consumer Unit, LED Spot Lighting.
Bedroom One (3.94m x 3.20m (12'11 x 10'6 )) Double Glazed Window to Front Aspect, Single Panel Radiator, Fitted Wardrobes, Coved Ceiling, Carpeted, Door to Ensuite.
Ensuite (1.88m x 1.65m (6'2 x 5'5 )) Vinyl Flooring, Low Level W.C, Wash Basin with Tiled Splash Back, Single Panel Radiator, Shower Cubicle with Mains Shower, Extractor Fan, Fully Tiled Surround, Shaver Point.
Bedroom Two (3.94m x 3.20m (12'11 x 10'6 )) Double Glazed Window to Front Aspect, Single Panel Radiator, Carpeted.
Bathroom (1.65m x 2.31m (5'5 x 7'7 )) Bath and Mixer Tap with Shower Attached, Wash Basin with Mixer Tap, Shaver Point, Tiled Splash Back, LED Spot Lighting, Extractor Fan, Single Panel Radiator, Low Level W.C.
Lounge Area (4.34m x 3.73m (14'3 x 12'3 )) Laminate Flooring, French Doors Opening to Garden, T.V Point, Coved Ceiling, Double Glazed Window to Side Aspect, Double Panel Radiator, Juliet Balcony, Hive Heating System.
Kitchen Area (2.31m x 3.43m (7'7 x 11'3 )) Vinyl Flooring, Built in Fridge/Freezer, Tiled Splash Back, 4 Ring Gas Hob, AEG Built in Cooker, Wall Mounted Ideal Logic Max (installed in 2024), Double Glazed Window to Front Aspect, Cupboards at Eye and Base Level, Roll Top Work Surfaces.
Two Allocated Parking Spaces Two Space Allocated at the Front of the Block Local Information Block is managed by Home Group and this property is available to purchase as Shared Ownership or Full Ownership.
Charges payable: The current monthly charges payable to Home Group from 1st April 2026 are £500.73 and are broken down as follows: • Rent- £334.29 • Management charge – £18.33 • Insurance charge- £34.39 • Service charge - £66.30 • Reserve fund - £47.42 The above charges are reviewed annually on 1st April.
No ground rent payable Charges are reviewed annually on 1st April. Anyone wishing to purchase the property must be assessed and approved by Home Group before any sale can be agreed.
Sales Information: • Tenure: Leasehold • Scheme: Shared Ownership • Percentage: 50% • Price: £120,000 (50% of the 100% market value £ 240,000 ) • Staircasing : The buyer can purchase more shares simultaneously, in 10% minimum tranches, whilst purchasing the property.
• Lease term: 99 years from 1 st April 2008 • Pets : Not permitted without written confirmation from the landlord.
Cotswold Drive is situated in a peaceful position in Great Ashby which was built around 2008.
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.
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About 21, Cotswold Drive, Great Ashby, Stevenage
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