1-bedroom flat · PE29 2EP
For saleReduced £15k (−11.1%) on 21 JunListed 460 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely riverside flat is one of only a small number in A block that enjoy a direct open river view.
Well proportioned one bedroom accommodation, close to town centre amenities and both the bus and railway stations. Private residents parking, communal riverside gardens. No chain is being offered.
Secure Communal Entrance Hall To Panel door to Entrance Hall 7' 5" x 6' 4" (2.26m x 1.93m) Walk in airing cupboard with shelving and storage housing pressurised water system, fuse box and master switch.
Family Bathroom 6' 11" x 6' 7" (2.11m x 2.01m) Fitted in a three piece white suite comprising low level WC, pedestal wash hand basin with tiling, Dimplex wall heater, extensive tiling, panel bath with folding screen and independant shower unit fitted over, extractor.
Bedroom 1 11' 2" x 9' 10" (3.40m x 3.00m) Arch picture window to front aspect with window seat and picture window with stunning river views, exposed brickwork to external wall.
Living Room 11' 2" x 10' 5" (3.40m x 3.17m) Economy 7 storage heater, single panel independent heater, arch picture window to river aspect with window seating and a stunning outlook over the river and town bridge, exposed brickwork, TV point, telephone point.
Kitchen 7' 2" x 7' 0" (2.18m x 2.13m) Fitted in a range of base and wall mounted units with work surfaces and tiling, vinyl floor covering, single drainer stainless steel sink unit, electric cooker point, appliance spaces.
Outside There are appealing communal riverside gardens with residents parking provision.
Buyers Information To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, DezRez Legal, who will contact you directly. They will need the full name, date of birth and current address of all buyers.
There is a nominal charge payable direct to DezRez Legal. Please note that we are unable to issue a Memorandum of Agreed Sale until the checks are complete.
Tenure Leasehold With Share Of Freehold - 999 years from 25/7/1984 Maintenance Charge - approximately £300.00 per quarter Council Tax Band - A
Value & comps
No previous sales on record.
Returns
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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
FAQ
About A25, Riverside Mill, Godmanchester
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