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See how verdicts work1-bedroom flat · SG8 7BY
For saleReduced £5k (−3.6%) on 26 OctListed 399 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wellington Wise are delighted to offer for sale this second-floor flat, with lift and stair access, that is offered for sale with no upward chain.
This spacious flat is situated within the popular Collingwood Court development for the over 60s if you are a single occupant or if one of you is over 55 and one over 60 that is also acceptable.
The flat offers the benefit of independent living, whilst having the peace of mind of emergency assistance on call if required.
The development has a day room for residents to socialise if desired, communal gardens and ample parking facilities.
On entering the flat itself, you will see that the décor is neutral and in excellent condition; this is a theme throughout.
The entrance hall includes excellent built-in storage and the telephone entry system.
The main living space is an open plan lounge/dining room which feels particularly light and spacious with a window allowing light to flood in.
Open plan to a kitchen that has been re-fitted with a range of wall and base units with work surfaces over with an inset stainless steel single bowl sink and drainer unit.
Integrated appliances include an eye level oven, four plate electric hob with extractor over, and there is space for a washing machine, fridge and freezer.
The flat offers a particularly generous double bedroom with fitted wardrobes. Adjoining the master bedroom is a re-fitted shower/Wet Room.
Fitted with a three-piece suite and includes a double shower cubicle with seating facility, low level w.c. and vanity unit housing a wash hand basin.
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
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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.
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Agent & docs
FAQ
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