2-bedroom flat · CO10 7FH
Sold STCListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PRICE GUIDE *£180,000 - £190,000* This contemporary and well-presented two-bedroom ground floor apartment is ideally situated within the highly sought-after Foundry Close in the charming village of Glemsford.
Offering a perfect blend of modern living and practical layout, this home is ideal for first-time buyers, downsizers, or investors alike.
The accommodation comprises a bright and spacious open-plan kitchen/living area, thoughtfully designed to maximise both space and natural light, perfect for relaxing or entertaining.
The kitchen features a range of wood effect base and wall mounted units topped with stone effect work surfaces, tiled splash backs, space for appliances, an integral oven with four ring gas hob, and a stainless steel sink and drainer unit complete with chrome mixer tap.
The property features two well-proportioned double bedrooms. The principal suite benefits from ensuite facilities comprising of a double width shower cubicle, low level WC and wash hand basin.
A modern family bathroom serves the second bedroom offering a partially tiled finish comprising of a panel bath, low level WC and wash hand basin.
Externally, residents benefit from well-maintained communal gardens, providing an attractive outdoor space to enjoy.
The property also comes with two allocated parking spaces, one of which is equipped with an EV charger, as well as additional visitor parking.
A particularly appealing feature of this property is the ownership structure. Foundry Close Owners Limited holds the freehold for the building, which consists of just four flats.
Each property owner holds a 25% share in the company, and this sale includes the transfer of that 25% shareholding, offering greater control and long-term peace of mind compared to a standard leasehold arrangement.
Call Oakheart today to arrange your viewing! EPC Rating: B Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
Anti-Money Laundering (AML) Verification Oakheart is required to undertake identity and compliance checks in line with UK Anti-Money Laundering (AML) legislation.
These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
To facilitate this process, we use Landmark, an independent third-party provider that carries out the necessary verification checks on our behalf. A fee of £24.00 inclusive of VAT per person applies.
All relevant checks must be completed and verification confirmed before we can progress with the...
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
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FAQ
About Foundry Close, Glemsford, CO10
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