2-bedroom bungalow · NN10 0HA
For saleListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rarely available two-bedroom bungalow within this highly regarded over-55s development, situated within walking distance of Rushden town centre.
The superb Cloisters complex is one of Rushden's premier sheltered housing schemes, designed to offer independent living with the reassurance of support and communal facilities when required.
Available exclusively to applicants aged 55 and over, each property benefits from an original 125-year lease which renews upon a change of ownership.
This well-presented bungalow offers comfortable and practical accommodation, including a spacious main bedroom with its own ensuite shower room, built-in wardrobes and a door opening directly onto a pleasant garden area shared only with the neighbouring bungalow.
The second bedroom also benefits from built-in wardrobes, while a modern shower room featuring a large walk-in shower serves the remaining accommodation.
The Cloisters was originally developed in 1987 within the former grounds of Rushden Rectory and is renowned for its beautifully maintained communal gardens.
Residents can also enjoy the use of the Friendship Lodge, a charming communal outbuilding that hosts regular social gatherings, events and opportunities to meet fellow residents, helping to foster a welcoming community atmosphere.
The environment at The Cloisters allows for total independence whilst retaining the security and peace of mind of communal facilities and support should the need arise.
Lease remaining: 125 years (renews on change of ownership) Service charge: Approximately £160 per calendar month (including buildings insurance) Ground rent: None Hall - 2.00m x 5.17m (6'7" x 17'0") - Double door, door to Storage cupboard, door to: Lounge/Diner - 5.92m x 4.22m (19'5" x 13'10") - Box window to side, sliding door, door to: Kitchen - 3.09m x 2.24m (10'2" x 7'4") - Window to rear.
Bedroom 1 - 3.60m x 3.03m (11'10" x 9'11") - Window to side, twoStorage cupboard, two double doors, door to: En-Suite - 2.63m x 1.36m (8'8" x 4'6") - Window to rear.
Bedroom 2 - 2.53m x 4.13m (8'4" x 13'7") - Window to side, Storage cupboard, two double doors. Shower Room - 2.00m x 1.72m (6'7" x 5'8") - Window to front.
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 advisors 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
Agent & docs

FAQ
About The Cloisters, Rectory Road, Rushden
Explore nearby