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See how verdicts work1-bedroom flat · PE27 5EY
For saleReduced £20k (−7.1%) on 16 AugListed 522 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb, remodelled, first-floor apartment within the prestigious "The Old Mill" development, situated by the river Great Ouse and only a couple of minutes' walk over the town's historic bridge to St Ives town centre.
This superb home features a generous open-plan kitchen/living accommodation with a refitted kitchen with granite work surfaces and integrated appliances, a bright double bedroom, and a modernised bathroom.
This unique apartment offers river and open field views from all areas, and comes with an allocated parking space.
The property is also within short distances of main road transport links and the Guided Busway to Cambridge. Offered with no onward chain, a viewing comes highly recommended.
A superb, remodelled, first-floor apartment within the prestigious "The Old Mill" development.
It is located a short walk over the town's historic bridge to St Ives town centre (2 min walk) and a short distance from main road links (inc.
A14, M11 and A1), the Guided Busway to Cambridge (5 min walk) and direct train line to London and the north (10 min drive). Multiple opportunities for countryside walks also lie on the doorstep.
This sought-after development boasts a secure entry system, lift, an allocated parking space, visitors' parking, two communal gardens with river frontage, and a secure bike store.
Situated by the river Great Ouse, there are views from all rooms over the river and open fields.
This apartment has been thoughtfully remodelled to take advantage of these views, creating a larger open-plan kitchen and living accommodation with its high ceilings and original features, including tall double doors and a Juliette balcony, which are unique to this apartment.
The kitchen has been refitted with granite work surfaces and is equipped with plenty of storage, under-unit lighting, a matching island and high-quality integrated appliances including a microwave oven combi, a fridge and a freezer.
The property also features a bright double bedroom with fitted wardrobes, a modernised bathroom as well as upgraded smart heating system, and wooden floors.
Ground Floor Secure entrance door, stairs, or lift to the first floor First Floor Entrance Hall Open Plan Living with A Refitted Kitchen 5.58m (18'4") x 5.34m (17'6") Bedroom 3.08m (10'1") x 3.05m (10') max Bathroom Outside Well-kept communal grounds and an allocated parking space Further Information Tenure: Leasehold Lease Length: 150-year lease from January 1997,122 years remain Service Charge: £1,716 per annum Ground Rent: N/a Council Tax Band: C EPC Rating: Tbc Heating: Electric heating, which has been upgraded from the original storage heaters Agent Notes: The vendor confirms there is an allocated parking space and a parking permit available for the private car park.
Buyer id Checks To meet legal requirements, we must verify the identity of all buyers.
Our partner, Simplify, will handle this process and will contact you directly once your offer is accepted, subject to contract, to collect the necessary details and payment.
The cost is £40 + VAT (£48) per transaction, payable upon offer acceptance. A memorandum of sale can only be issued once these checks are complete.
Our team will guide you through the process when you make an offer on a property.
Disclaimer All property details, photographs, floorplans, and other marketing materials produced by Ellis Winters are for general guidance only and do not form part of any contract.
While we strive for accuracy, measurements, descriptions, and other information are provided in good faith but should be independently verified.
We recommend that prospective buyers conduct their own due diligence before making any decisions.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 1.2, The Old Mill, St Ives
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