2-bedroom property · CO15 6EE
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom GROUND FLOOR APARTMENT is specifically for the over 60’s in this superior development boasting excellent communal facilities and a secure lifestyle.
This impressive home features doors to an outside patio and benefits from having use of a Guest Suite, Residents Lounge and Laundry Room – INTERNAL VIEWING ESSENTIAL.
Property additional info ENTRANCE FOYER: Secure intercom entry system, Residents Lounge, Manager’s Office, Guest Suite, Laundry Room, stairs or lift to top floor level ENTRANCE HALL: Intercom, large walk in airing/storage cupboard with hot water tank and electric consumer box.
LOUNGE/DINER: 22’7”max. x 11’6” Good size room with Electric fireplace with surround, underfloor heating, telephone point, TV point, double glazed window and door to patio.
KITCHEN: 7’8” x 7’ Fully equipped with range of work surfaces with drawers and cupboards under, inset sink unit, four ring hob and oven, integrated fridge freezer, range of matching wall cabinets with chimney style extractor hood, part tiled walls, double glazed front window.
BEDROOM 1: 13’2” x 9’6”max Double glazed front window to front, underfloor TV point, door to walk in wardrobe (6’3”x4’7”) with electric light.
Door to: ENSUITE: Panelled bath with shower over, vanity unit with wash basin and low level wc, tiled floor and walls, heated towel rail.
BEDROOM 2: 12’8” x 9’3” Double glazed window to front, under floor heating. SHOWER ROOM: Walk in style wet room with tiled walls and floor, wash basin, low level wc., extractor fan, heated towel rail.
OUTSIDE: Pleasant communal gardens and parking bay to rear. Use of Communal onsite facilities including Residents Lounge, Guest Suite and Laundry Room.
TENURE: We understand the apartment is held on the balance of 125 year Lease from 1st June 2013.
We understand the current Service Charge is £3,448.87 which includes water rates, 24 hour care line, Buildings Insurance and upkeep of communal areas. The Ground Rent is £425 per year.
These costs need to be verified. Construction materials used: Brick and block. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic.
Heating Supply: Central heating (electric). Parking Availability: Yes.
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 Kingsman Court, Carnarvon Road , CO15
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