2-bedroom flat · SG2 0BP
Listing removedListed 94 days
Opportunity summary
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About
A huge opportunity to purchase this stunning modern ground floor two bedroom apartment set in the charming area of Priestley Road, Stevenage.
Ideal for small families, couples, or individuals seeking a peaceful retreat, this property boasts a welcoming atmosphere that is sure to make you feel at home.
As you step inside, you will find a well-designed layout that maximises space and natural light.
The living area is both inviting and functional, providing an excellent space for relaxation or entertaining guests.
The kitchen is equipped with essential amenities, making it a practical area for preparing meals and enjoying family gatherings. The two bedrooms are generously sized, offering ample storage.
The master bedroom has a beautiful newly fitted en-suite. Both the en-suite and family bathroom have been done to a high spec.
The location on Priestley Road is particularly advantageous, with easy access to local amenities, schools, and parks, ensuring that everything you need is within reach.
The surrounding area is known for its friendly community and vibrant atmosphere, making it an ideal place to settle down.
In summary, this two-bedroom apartment in Priestley Road presents an excellent opportunity for those looking to embrace a comfortable lifestyle in Stevenage.
With its appealing features and convenient location, it is a property that should NOT BE MISSED.
Main Entrance - The main entrance to has a secure front door with entry phone system into the communal area to all apartments. Access to front door on the ground floor.
Entrance - The entrance hall to the apartment provides access to all rooms including family bathroom and there are two storage cupboards one is an airing cupboard.
There is a radiator, double socket and smoke detector.
Lounge/Diner - 6.71m x 3.35m (22'53 x 11'58) - This charming open-planned living space is beautifully decorated, there is a uPVC double glazed window to the rear and patio doors onto the patio garden area to the front aspect.
The lounge/dining area has ample room for living and dining room furniture and is a bright space that leads through into the kitchen area.
The living space has TV point, two radiators, ceiling spots, heating controls and phone entry system point.
Kitchen - 3.05m x 1.83m (10'46 x 6'85) - The modern fitted kitchen area comprises; a range of matching fitted wall and base units with roll-edge work surfaces over, splash back, an integrated electric oven & four ringed gas hob with hood above, space for a free-standing tall fridge/freezer, space & plumbing for washing machine, sink with drainer unit and mixer tap, the gas boiler is housed here, a radiator and a uPVC double glazed window to the rear aspect.
Bedroom One - 3.43m x 3.05m max (11'3 x 10'25 max) - This great sized double bedroom has ample space for furniture a uPVC double glazed window to the front aspect, access to the en-suite and a built-in double wardrobe.
There is a radiator.
Ensuite - This beautifully newly fitted modern en-suite comprises; a low level WC, wash hand basin with vanity unit, corner shower cubicle with mains, heated towel rail, shaver point, ceiling spots, fully tiled, extractor and tiled floor with an obscured uPVC double glazed window to the side aspect.
Bedroom Two - 3.35m x 3.05m (11'36 x 10'44) - A excellent sized double bedroom with ample space for furniture a uPVC double glazed window to the front aspect. There is a radiator.
Family Bathroom - The family bathroom is a great size and has been newly fitted with a three piece suite which comprises; a low level WC, wash hand basin with vanity and shelf, fitted mirror and light, panelled bath with mixer tap and shower head, fully tiled, shaver point, heated towel rail, extractor and tiled floor with an obscured glazed uPVC double glazed window to the rear aspect.
Outside - The apartment benefits from communal garden areas and a small patio directing accessed from from the lounge/diner.
Bin & Cycle Storage Parking - The property benefits from a allocated parking space and visitors bays Agent Notes - We have been advised by the seller(s) that: Lease length: 999yrs from 25 Mar 2006 Ground Rent - nil Service Charges - £100pcm (approx) Please note additional fees could be incurred for items such as leasehold packs.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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