2-bedroom flat · SG1 2WQ
Sold STCListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two-bedroom apartment, newly built in 2022, by the highly regarded developers Taylor Wimpy, situated within Manek House located within the new development of Franklins Park, Stevenage, offering contemporary living in a convenient yet pleasantly green setting.
The apartment features a spacious open plan living and dining area, creating a bright and welcoming space ideal for both relaxing and entertaining.
The modern fitted kitchen is finished to a high standard, offering ample storage and worktop space for everyday use.
There are two well-proportioned double bedrooms, including a generous main bedroom, along with a stylish modern bathroom completed with clean, neutral finishes.
Further benefits include secure communal access, well-maintained communal areas, and a allocated parking space, plus nearby parking (subject to availability).
Sold with a current lease of 994 years and 11 months.
A particular highlight of the location is its proximity to open countryside and green spaces, perfect for walking, cycling, and enjoying outdoor leisure, while still being within easy reach of local shops, schools, Stevenage Town Centre, the train station, and major road links.
Stevenage train Station provides convenient and direct links to London’s Kings Cross station in around 25 minutes.
Convenient links to St Pancras, Finsbury Park, Farringdon, and London Bridge, plus links to Cambridge and Peterborough are also available. A viewing is highly recommended.
This is an excellent opportunity to acquire a low-maintenance, newly built apartment offering the best of both modern living and countryside access.
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
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FAQ
About Porthcawl Close, Stevenage, Hertfordshire, SG1
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