2-bedroom flat · SG1 6GU
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IW Estates are pleased to present this beautiful modern two bedroom apartment, situated in the popular Great Ashby area, offering a good selection of local amenities and close to Woodland Walks.
Boasting a contemporary design that is both elegant and functional this purpose-built flat offers a comfortable living space that is easy to maintain.
Whether you are a first-time buyer, a small family, or someone looking to downsize, this property has something to offer for everyone.
In summary, this two-bedroom flat on Snowdonia Way is a fantastic opportunity for anyone looking to embrace modern living in a vibrant community.
** CHAIN FREE ** Entrance - The entrance vesitable provides access into the lounge/kitchen/diner via a fire door, there is hard wearing floor and a radiator.
Lounge/Kitchen/Diner - 6.71m x 4.19m (22'45 x 13'09) - The Lounge is an inviting space with a UPVC double glazed window to the front aspect, radiator, opening directly to the kitchen area The Kitchen area comprises a modern matching wall and base units, roll-edge work tops with sink and drainer unit, stainless steel electric oven, gas 4-ringed hob with built in extractor fan over, Combi boiler housed in matching wall unit, an Integrated washer/dryer, and free standing tall fridge/freezer, tiled splash back and tiled flooring, and two UPVC double glazed windows to the rear aspect.
Hallway - A small inner hallway provides access with doors to all other rooms and there is a radiator.
Bedroom One - 3.73m max x 2.74m (12'03 max x 9'13) - This master bedroom is a great sized double room with a UPVC double glazed window to the rear aspect, radiator and built in double wardrobes.
Bathroom - The bathroom is very spacious and comprises, a fitted modern white three piece bathroom suite including a panel surround bath with a mains chrome shower over, a low level flush WC, hand wash basin with pedestal, heated towel rail , partly tiled walls, extractor fan and shaving point.
Bedroom Two - 3.20m x 2.36m into doorway (10'6 x 7'9 into doorwa - A good size bedroom with UPVC double glazed window to the front aspect and a radiator.
Outside - Allocated Parking at rear for one vehicle (second one in from left).
Agents Note: - Lease Term 125 years from 2007 Ground Rent: Currently £150 per annum Management Fee, currently £60.57 per month
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
Agent & docs
FAQ
About Snowdonia Way, Stevenage, SG1 6GU
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