1-bedroom property · SG18 0FE
Sold STCListed 264 days
Opportunity summary
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About
Presenting an exceptional opportunity to own a retirement property in a highly sought-after location.
This second-floor apartment, accessible via lift, is in good condition and is offered to the market chain-free for a swift and uncomplicated process.
This property is exclusive to those aged 60 and over, providing a peaceful and secure living environment.
The apartment boasts a well-proportioned double bedroom which features built-in wardrobes, offering plenty of space for storage.
The bedroom is conveniently situated next to a well-maintained wet room equipped with a modern suite, ensuring a luxurious and relaxing experience.
The property features a sizeable reception room that opens out to a private balcony.
This unique space provides an unrivalled opportunity to appreciate the stunning views of the River Ivel, a feature that sets this property apart.
The apartment also comes with a fully fitted kitchen, perfect for those who enjoy home-cooked meals.
The kitchen, like the rest of the property, has been kept in good condition and offers integrated oven, waist height fridge and separate freezer.
The complex offers communal gardens, laundry room and a communal lounge, providing a social space for residents to interact and participate in community activities.
Located near local amenities, the convenience of this property is unmatched. The riverside location offers unparalleled views and a scenic environment for residents to enjoy.
Mobile Signal Mobile signal (based on calls indoors) - 02 - 2 bars /EE - 3 bars /Three - 2 bars /Vodafone - 2 bars Broadband estimated speeds - Standard 17 mbps /Superfast 60 mbps Construction Type Construction Type - Standard brick construction Entrance Hallway Loft hatch, storage cupboard, doors to: Lounge/Diner 19' 0" max x 10' 6" (5.79m x 3.20m) Feature fireplace, French doors to timber decked balcony overlooking Biggleswade common, glazed double door to:- Kitchen 7' 6" x 7' 1" max (2.29m x 2.16m) Range of wall mounted and base level units with work surface over and inset stainless steel sink, integral fridge and freezer, electric oven and hob, window to the side aspect.
Bedroom One 13' 3" x 12' 7" (4.04m x 3.84m) Window to the side aspect overlooking river, mirror fronted double wardrobe.
Shower Room WC, wash hand basin with vanity unit below, double shower cubicle with tiled surround.
Lease Details Lease Length - 125 years from and including 1 June 2008 (108 years remaining) Service Charge - £3360.00 per annum Ground Rent - £730.00 per annum Ground Rent Review Period - Every 15 yrs from June 2008 Biggleswade Biggleswade Town Centre is steeped with history, and is up & coming with all your amenities and a retail park.
It also has great commuting links into London Kings Cross via train, good schooling and local cafes, restaurants and bars and has easy access directly onto the A1M and commutable links to the M1 and M11, and also within 15 miles of London Luton Airport.
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
About Shortmead Street, Biggleswade, SG18
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