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See how verdicts work2-bedroom flat · SP1 2SU
For saleReduced £75k (−50%) on 26 OctListed 389 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and airy first floor apartment within this peaceful development for over 55’s, 36 St Ann Place is a spacious two bedroom property overlooking sunny communal gardens.
The property is very well presented with a modern fitted kitchen, contemporary bathroom suite with ‘walk-in’ shower, double glazing and radiator heating and hot water supplied by an electric boiler installed less than two years ago.
36 St Ann Place has also recently been redecorated with refitted carpets.
St Ann Place is a modern purpose built development quietly tucked away within the city centre, a short walk from the Cathedral Close and a host of amenities.
Residents enjoy a good array of facilities including resident manager, lift, residents parking, a beautiful ‘rotunda’ lounge, laundry and attractive gardens.
This is a fantastic opportunity for those looking for secure and peaceful independent living within the heat of the city, an internal viewing is essential.
Directions - Follow Brown Street into St Ann Street. Turn right into St Ann Place where the development can be found on your right.
Communal Door With Entryphone - Communal Entrance Hall - Stairs to upper lift door to rear garden access to residents lounge and laundry. Entrance Hall - Radiator.
Full height airing cupboard housing pressurised hot water tank. Lounge - 6m x 3.55m (19'8" x 11'7" ) - Double glazed bay window overlooking the communal gardens.
Double radiator, television aerial point, entryphone. Obscure glazed panels to: Kitchen - 3.6m x 1.75m (11'9" x 5'8" ) - Matching range of wall and base units with worksurface over.
Inset stainless steel sink with mixer tap. Space for cooker, tiled splashbacks and door to hall.
Bedroom One - 5.45m x 2.45m (17'10" x 8'0" ) - Double glazed bay window overlooking the rear gardens, double radiator and coved ceiling.
Bedroom Two - 3.4m ext to 4.3m x 2m (11'1" ext to 14'1" x 6'6" - Double glazed aby window overlooking the rear gardens, radiator and coved ceiling.
Bathroom (Internal) - 2.5m x 1.7m (8'2" x 5'6" ) - Refitted modern suite comprising concealed cistern WC, vanity basin and walk-in shower enclosure with electric shower.
Tiled walls, heated towel rail, extractor fan. Outside - To the one side of the building is the residents/visitors parking. A gate leads past communal bins to the rear garden.
The rear garden is a lovely space which has two areas of lawn with a lovely array of mature planting. A pathway leads past a screened drying area to a paved patio.
Agent's Note - The heating and hot water is run from an electric boiler that was bought and installed less than two years ago, however there is gas supply to the building and pipework already in place should this option be required.
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 8, St. Ann Place
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