1-bedroom house · TN13 3JZ
For saleReduced £25k (−10.6%) on 25 JunListed 994 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A well presented ground floor apartment, forming part of this exclusive retirement development built in 1988.
The complex benefits from communal areas including residents lounge and conservatory together with adjacent kitchen area, laundry room, guest suite for overnight accommodation and lockable individual storeroom for each apartment.
The communal gardens have been well laid out and provide a most pleasant setting. Each apartment has its own entry phone and is connected to the estate manager and central emergency call system.
The apartment is located to the front of the building and enjoys views over the front gardens.
The private spacious entrance hall has a deep storage cupboard and built in display unit, door to wet room, door to bedroom and door through to a bright living room with fireplace as focal point to the room.
The living room opens to a dining area which was previously a second bedroom and could easily be converted back.
Double multi-paned doors off the living room lead to the kitchen which comprises work surfaces with a range of cream wall and base units incorporating a stainless steel sink with mixer tap and drainer, built in ceramic hob, built in oven, and space for fridge/freezer.
The main bedroom is a good sized double and enjoys an open aspect to the front and has a range of fitted wardrobes to one wall.
The wet room has an airing cupboard housing insulated hot water tank with slatted shelving and suite comprising shower, low level WC, pedestal wash hand basin and heated towel rail.
Viewing is highly recommended to fully appreciate the accommodation on offer which is offered with the benefit of no onward chain. Lease Details 999 year lease from January 1988.
Service Charge for 2025 - £4,978per annum.
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
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