1-bedroom flat · IM8 3NY
Under offerListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a sought-after sheltered housing development, this beautifully updated ground-floor apartment offers comfortable, low-maintenance living in a peaceful and well-maintained setting.
The development benefits from residents' parking, excellent accessibility and a regular bus route conveniently located nearby.
The apartment has been redecorated throughout and benefits from a range of recent improvements, including a newly fitted kitchen and bathroom, new boiler, windows and doors, creating a fresh and modern home ready to move straight into.
Internally, the accommodation offers a welcoming entrance hallway leading through to a spacious living/dining room, providing a comfortable space to relax and entertain.
The separate newly fitted kitchen offers modern units and practical workspace.
The large double bedroom provides a comfortable and well-proportioned sleeping space, while the newly fitted bathroom completes the accommodation.
Externally, residents can enjoy the beautifully maintained communal gardens, offering a tranquil setting with attractive duck ponds and pleasant areas to sit and unwind.
The ground-floor position also provides convenient access without the need for stairs within the development.
Combining a comprehensive programme of improvements, comfortable accommodation and a peaceful setting, this appealing apartment presents an excellent opportunity for those seeking independent, low-maintenance living within an established sheltered housing development.
Inclusions All fitted floor coverings, light fittings and blinds Appliances Oven and 4-ring hob Tenure Leasehold - held on the remainder of a 125 year lease with a management company in place which has set the current management fees at approximately £210.00 per month Rates Treasury tel Heating Gas Windows uPVC double glazing
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
Agent & docs
FAQ
About 17, Godred Court, Ramsey
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