18 × 2-bed flat · PR3 1XH
For saleListed 55 days
Opportunity summary
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About
A one bedroom ground floor apartment with patio offering garden views and a sunny southerly aspect.
Stanley Place is a McCarthy & Stone retirement living development with communal homeowners lounge, well maintained gardens and a visiting house manager.
Summary This age exclusive development is comprised of 23 one bed and 18 two bed apartments.
Safety and security will be ensured throughout the building, which benefits from an on-site House Manager, as well as a camera entry system and intruder alarms in all apartments.
Our 24 hour call system gives you complete peace of mind.
Residents enjoy a welcoming homeowners’ lounge, beautiful landscaped gardens, as well as the additional feature of a Guest Suite for overnight visitors.
Hallway Front door with spy hole leads to the entrance hall - the 24-hour Tunstall emergency response system, illuminated light switches, smoke detector, apartment security door entry system with intercom are all situated in the hall.
From the hallway there is a door to a walk-in storage cupboard/airing cupboard which houses a washer / dryer. Doors lead to the lounge, bedroom and bathroom.
Lounge A spacious lounge with the benefit of a French door leading to a patio area with pleasant views over communal landscaped gardens and fields beyond.
The room provides ample space for both dining and lounge. Partially glazed door leads onto the kitchen.
Kitchen Stylish fitted kitchen with a range of modern low and eye level units and drawers with a roll top work surface. Sink with mono lever tap and drainer sits below the garden facing window.
Built-in oven, ceramic hob with extractor hood and fitted integrated fridge and freezer.
Bedroom Spacious double bedroom with walk in wardrobe housing shelving and hanging rails with window overlooking the rear gardens.
Bathroom Tiled and fitted with modern suite comprising of a walk-in shower with glass screen, low level WC, vanity unit with sink and mirror above and heated towel rail.
Service Charge • House Manager • 24-hour emergency call system • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance The service charge does not cover external costs such as your Council Tax, electricity or TV.
Find out more about service charges please contact your Property Consultant or House Manager.
Leasehold Information Lease Length: 999 years from 2022 Ground rent: £425 per annum Ground Rent Review: January 2037 It is a condition of purchase that all residents must meet the age requirements of 60 years.
Moving Made Easy & Additional Information Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • free Entitlements Advice to help you find out what benefits you may be entitled.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties.
For more information check our webpage additional services or speak with our property consultant • Full Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
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
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FAQ
About 7 Stanley Place, Kepple Lane, Preston
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