1-bedroom flat · SG18 0FE
For saleListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this beautifully positioned ground floor apartment forms part of the highly sought-after North Gate Court retirement development, exclusively for the over-60s.
Rarely available, the property enjoys an enviable setting just half a mile from Biggleswade's historic Market Square and bustling town centre, with a range of local shops, amenities and bus services conveniently close at hand.
Accessed via a secure communal entrance, the apartment occupies a desirable position towards the front of the development.
The well-presented accommodation comprises a welcoming entrance hall with useful storage cupboard, a fully tiled bathroom complete with fitted storage and emergency assistance alarm, a generous double bedroom with built-in wardrobes, and a bright and spacious living/dining room featuring an attractive decorative fireplace.
Adjacent is a well-appointed fitted kitchen with a range of integrated appliances.
A particular highlight of the property is the patio door from the living room, opening onto a delightful patio area overlooking the beautifully maintained communal gardens and the picturesque River Ivel, an idyllic spot to enjoy a morning coffee or simply take in the surroundings.
The communal grounds are immaculately landscaped and maintained, with residents also welcome to take part in the gardening should they wish.
Running alongside the River Ivel, the gardens offer several seating areas, including a spacious communal terrace accessed via the residents' lounge.
This inviting shared space provides comfortable seating and a kitchenette, hosting coffee mornings and social events for those who choose to participate.
Further benefits include a dedicated mobility scooter storage and charging area, a laundry room, together with the reassurance of an experienced on-site House Manager.
Resident parking is available, with two spaces currently vacant and allocated on a first-come, first-served basis.
Combining independent living with a welcoming community atmosphere in an exceptional riverside setting, this charming apartment offers an excellent opportunity for those seeking a peaceful yet well-connected retirement lifestyle.
Leasehold: Approx.
106 Years remaining (125 year lease from 1 June 2008) Service Charge: £311.71 (paid monthly) Ground Rent: £365.41 (paid bi-annually) Property Tenure: Leasehold Local Authority: Central Bedfordshire Council Tax Band: B EPC: C (79) BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers and ID.
There is a nominal charge of £80 inc VAT for this (for the transaction not per person), payable direct to Lifetime Legal.
Please note, we are unable to advertise a property or issue a memorandum of sale until the checks are complete.
REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Thomas Morris. BWE260019/
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
Agent & docs
FAQ
About Shortmead Street, Biggleswade, Bedfordshire, SG18
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