1-bedroom flat · NN5 7AF
Listing removedReduced £23k (−20.9%) on 20 JunListed 249 days
Opportunity summary
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About
This meticulously maintained 1-bedroom first floor retirement apartment presents an excellent opportunity for comfortable and accessible living.
The residence encompasses a spacious entrance hall, a living/dining room which is enhanced by ample natural light and a fully integrated kitchen, equipped with modern appliances to facilitate efficient meal preparation.
The master bedroom offers generous proportions with considerable storage options, creating a tranquil environment.
The shower room features a double walk-in shower, ensuring both practicality and accessibility. It is a stipulation that all residents must be at least 60 years of age.
In the case of a couple residing together, one partner must be over the age of 60, while the other must be at least 55.
Developed by the reputable McCarthy & Stone, this distinguished apartment complex provides a range of exceptional amenities.
Residents have access to a spacious communal lounge, conducive to fostering social interactions and engaging in various activities with fellow residents.
The facility also includes a well-equipped laundry room for convenience, as well as a guest suite that accommodates family and friends during their visits.
Notably, residents may choose to travel to any McCarthy & Stone site across the United Kingdom, benefiting from minimal fees for the use of suites and amenities.
The wonderfully maintained communal gardens offer a serene outdoor environment, promoting relaxation and community engagement.
With an on-site manager readily available to assist residents and a dependable 24-hour emergency call system in operation, the community ensures that all residents feel secure, supported, and actively connected within this vibrant living environment.
Hallway: 1.11 × 2.07 m (3'7" × 6'9") Lounge / Diner: 2.72 × 6.33 m (8'11" × 20'9") Bedroom: 2.62 × 5.64 m (8'7" × 18'6") Kitchen: 1.71 × 2.72 m (5'7" × 8'11") Bathroom: 1.74 × 2.10 m (5'8" × 6'10") Agents Note Half yearly service charge for the period 1 Mar 26 to 31 Aug 26 is £2,088.70.
Half yearly rent due to Estates & Management Limited for the same period is £197.50. Lease 125 Years from 2005
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
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FAQ
About Lalgates Court, 119,Flat 31, Harlestone Road, Northampton
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