2-bedroom flat · PE29 2LL
Sold STCListed 55 days
Opportunity summary
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About
** Watch the video for more info on the property and area ** ***Contact us for viewings and more information - Quote Ref: 828080 when calling*** Retirement is an opportunity to start a new chapter in your life and for many, downsizing is part of that.
A retirement apartment offers that and more.
If you have previously felt isolated, you’ll join a community of like-minded people, looking to make the most of their retirement and you’ll also have the peace of mind that comes from living in a retirement community.
This 2-bed apartment offers you that peace of mind, space to move without the burden that comes from living in a large house, and an amazing location that is surrounded by nature, backs onto the river and has everything you need close by.
As you enter the flat you’ve got handy cupboard space to store coats, shoes and essentials just off the main hallway.
The apartment has a good size living / dining room which is big enough for a dining table to entertain guests. The living area leads on to the balcony at the rear of the apartment.
With only 4 apartments in the whole property having a balcony, this sought after addition allows you to easily step outside and enjoy the fresh air and views.
Just off the living / dining room is the kitchen with a bright decor and modern finish. There’s plenty of space to store food and essentials and worktop space to prepare meals on.
The master bedroom is big enough to contain a king size bed and essential bedroom furniture.
The second bedroom is perfect for visiting guests or it would make a great hobby room, dressing room, study, the choice is yours.
All of the bedrooms and living room benefit from wonderful views into the surrounding gardens and thanks to its west facing aspect you’ll get the evening sun to brighten your day.
The bathroom is fresh and finished in light colours with a low sided bath to help with access.
All of the rooms have a pull chord which is connected to a 24hr Apello Call System and there is a duty manager for added peace of mind.
The intercom system allows you to speak with visitors and let them enter the building and there’s even an option to allow you to speak without needing to get up from your chair.
The communal gardens provide a haven to unwind in throughout the year.
Full of flower beds and a variety of trees, it’s a great space to relax, entertain and spend time in the company of other residents.
The highlight of the location is the gardens tat back onto the River Great Ouse, where you can watch the world go by to the sound of the water and people enjoying themselves.
Living in the Chestnuts Designed for people who are 55 and older, the Chestnuts is a community of people who look to make the most out of their retirement.
Unlike a standard house where you could feel isolated or far from the people you like to spend time with, the Chestnuts has a great community spirit where residents enjoy each other’s company.
There’s a communal lounge where residents can spend time together and regular events and activities are held including coffee mornings, fish and chip suppers, live entertainment and seasonal events.
An on-site laundry room adds further convenience as does the salon where you can use one of the on-site hairdressers or invite your own.
Guests can visit and stay in the on-site guest suite and the lounge can also be hired for special occasions.
There’s even storage space for those who use a mobility scooter, freeing up space in the apartment. What’s it like to live in the area?
Godmanchester is a lovely village steeped in History, with some of the older buildings and houses directly surrounding the Chestnuts.
You have convenience on your doorstep with a post office/convenience store, doctors, pharmacy, butchers, café and pub all within a 5 minute walk.
Travel further into the village and you’ll find three more pubs, all serving great food and drink, another local café, social club, bowls & cricket club, places of worship and more.
The River Great Ouse is a lovely place to spend time relaxing and Port Holme meadow is at its best during the season when it’s full of wild flowers.
A short 5 minute drive or bus ride takes you into neighbouring Huntingdon where you’ll find further shops and amenities, retail parks, hospital and train station.
The local U3A group runs activities, special interest groups and social events throughout the area which are popular with the residents of the Chestnuts.
Other Information Tenure: Leasehold - 99 years from April 1988 - 60 years remaining (2086) Group Rent: £214.78 annually Service Charge: £4,748.93 annually Council Tax: Band B
Value & comps
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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 Flat Flat 11, The Chestnuts, West Street, Huntingdon
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