2-bedroom flat · SG2 0BP
Sold STCListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A stunning two double bedroom ground floor purpose built apartment in sought after residential area, 105 years remaining on the lease, spacious living accommodation, gas radiator heating, double glazing, en-suite to main bedroom, modern bathroom & allocated parking - ideal ftb description We're pleased to bring to market this two double bedroom ground floor apartment ideally located within a popular development in Chells.
With a long lease - 105 years remaining and larger than most in the area, this is sure to go quick!
This apartment offers spacious living accommodation throughout including a large hallway leading to the living room which has french style doors opening onto a small private patio area, a separate dining area, fitted kitchen, two double bedrooms, the main bedroom boasts an en suite and finally a modern fitted three piece bathroom.
With allocated parking right next to the apartment this will make a superb first time buy or the ideal downsize!
Priestley Road in Chells is ideally located within easy reach of local amenities, good schooling for all ages & convenient road links to the town centre & A1M serving the north & south.
Stevenage provides & fast & efficient link to London via the mainline station, the historic old high street with array of shops, restaurants & bars & the pedestrian new town centre with indoor market.
Please note than an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity & ant-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead Communal Entrance Hall Front Door Entrance Hall Lounge Dining Area Kitchen Bedroom One En-Suite Bedroom Two Bathroom Outside Patio Area Allocated Parking Space Lease details are currently being compiled.
For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
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FAQ
About 104, Priestley Road, Stevenage
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