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See how verdicts work1-bedroom flat · PE21 8TE
For saleReduced £29k (−36.7%) on 21 JunListed 362 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain - This well presented ground floor flat is located in a popular and convenient area, offering comfortable living space both inside and out.
The accommodation includes a spacious double bedroom, a bright living room with a doorway leading to the kitchen, and a bathroom.
To the rear, there's an enclosed private garden, providing a pleasant outdoor area overlooking the river, which is rarely found with a flat. The property also benefits from an allocated parking space.
Ideal for a first time buyer or as an investment opportunity, this flat offers great potential.
The property is serviced with main electric, gas, water and drainage and heated through a gas central heating system.
Entrance Hall The handy Entrance Hall gives you additional space between rooms, rather that stepping directly into the Lounge or Kitchen.
There's also a very handy intercom here, where you can allow visitors access into the building without having to leave your own Flat.
Lounge Diner 5.37m x 3.57m - 17'7” x 11'9” This lovely Lounge has double doors leading out to the private Garden area belonging to this flat, and a door leading to the Kitchen.
Kitchen 4.15m x 2.07m - 13'7” x 6'9” The kitchen includes a range of fitted cupboards and drawers, along with a built-in electric oven, hob, extractor fan, and a 1.5 bowl sink with drainer.
There's also space for a dining table at the opposite end of the room, making excellent use of the available space.
Bedroom 3.6m x 3.3m - 11'10” x 10'10” A spacious double bedroom featuring a built in wardrobe and a window overlooking the front of the property.
A recessed area provides an ideal spot for additional furniture or storage.
Bathroom 4.34m x 1.34m - 14'3” x 4'5” You'll find a bathtub, electric shower over, hand basin and WC, along with a huge storage cupboard in the Bathroom.
There's also a window to give extra light, and allow fresh air into the partially tiled room.
Garden The low-maintenance garden is a real asset to this property - a peaceful outdoor space that's ideal for relaxing.
Directly accessed from the lounge through double doors, the private rear garden is gravelled for easy upkeep, with space for plant pots and decorative planting.
A decked seating area provides the perfect spot for outdoor furniture, and the garden enjoys a pleasant view of the river.
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 Flat 1, Riverside Court, 58 Edwin Street, Boston
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