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See how verdicts work1-bedroom house · BN14 9AN
Sold STCReduced £5k (−5%) on 24 MayListed 794 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom ground floor apartment located in the highly sought after Penrith Court development in Broadwater.
The accommodation consists of an communal entrance, entrance hall, lounge, kitchen, shower room and a double bedroom.
Externally the property benefits from having communal parking, residents lounge/kitchen, laundry room and communal gardens.
Property Features - This one double bedroom ground floor retirement flat forms part of the Broadwater catchment area, close to local shops, bus services and amenities.
Benefits include the home having double glazed windows, electric heating, security entryphone system, fitted kitchen and bathroom and with internal viewing recommended.
Communal Hallway - Accessed via glazed communal doors with security entryphone system. Private door to flat. Entrance Hall - Accessed via a private wooden front door. Electric storage heater.
Two built in storage cupboards. Textured ceiling. Lounge - 17'10 x 10'6 - South aspect via double glazed windows and door with security shutter. Electric storage heater. Entryphone system.
Four wall light points. warden pull cord. Coved and textured ceiling.
Kitchen - 7'11 x 6'11 - Fitted suite comprising of a one and a half bowl single drainer sink unit with mixer taps and storage cupboards below.
Areas of roll top work surfaces offering additional cupboards and drawers under. Matching shelved wall units. Fitted oven and grill. Four ring electric hob with extractor hood over.
Space for upright fridge/freezer and further appliances such as a washing machine. Part tiled walls. Wall mounted electric heater. Tile effect flooring. Textured ceiling.
Bedroom - 14'6 x 8'9 - South aspect via double glazed windows with security shutter. Electric heater. Fitted double and space for single wardrobe. Textured ceiling. Warden pull cord.
Bathroom - 7'4 x 5'2 - Fitted suite comprising of a panelled bath having mixer tap, twin hand grips and shower head over. Pedestal wash hand basin. Low level w.c. Electric heater. Part tiled walls.
Extractor fan. Fitted shelving. Warden pull cord. Textured ceiling.
Communal Facilities - Communal Gardens - The block has attractive communal grounds and gardens to the front and rear with refuse and drying areas.
Communal Areas - The development offers a communal lounge, kitchen, laundry room, drying area and guest suite.
Residents Parking - Non allocated residents parking spaces to the rear of the development. Lease & Maintenance - Leasehold - Approx 63 years remaining.
Maintenance - £317.96 per calendar month and includes ground rent Council Tax: Band A Draft version: 1 Note: These details have been provided by the vendor.
Any potential purchaser should instruct their conveyancer to confirm the accuracy.
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
Agent & docs
FAQ
About Penrith Court, Broadwater, BN14
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