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See how verdicts work2-bedroom flat · SG2 9RT
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautiful over 60s retirement apartment has two bedroom and is located in the desirable area of The Lawns, Stevenage.
The delightful residence offers a perfect blend of comfort and convenience, making it an ideal choice for those looking to downsize.
As you enter the apartment, you are greeted by a warm and inviting atmosphere.
The spacious living area provides ample room for relaxation and entertaining, with large sliding patio doors allowing natural light to flood the space, as well as the benefit of the baloney area, bringing the outside in.
The well-appointed kitchen is designed for both functionality and style, offering plenty of storage and workspace for culinary enthusiasts.
Situated in a sought-after location, this apartment benefits from excellent transport links and local amenities.
Residents can enjoy nearby parks, shops, and the development itself benefits from a communal garden and parking - NO ONWARD CHAIN This property presents a wonderful opportunity to own a lovely home in a vibrant community.
Do not miss your chance to view this delightful apartment in The Lawns, Stevenage. It could be the perfect place for you to create lasting memories.
Entrance - The front door leads into the entrance hall with a Velux window and pull cord, stair ascend to first floor landing and accommodation, providing access to all rooms, a further pull cord, loft access, airing cupboard, smoke detector, and a storage heater Lounge - 4.27m x 3.96m (14'38 x 13'56) - The lounge is spacious and has bundles of light flooding in from the sliding patios doors to a good sized private balcony, overlooking the communal gardens and seating area, an ideal place to sit back relax read or enjoy some alfresco dining.
The property has ample space for living and dining room furniture, there is storage heaters and a pull cord.
Kitchen - 3.35m x 2.31m (11'75 x 7'7) - This spacious kitchen, breakfast room has a window to front aspect, range of built in wall and base units with roll-edge worktops , a stainless steel sink and drainer unit, a tiled splashback, space for cooker with extractor over, space for a tall free standing fridge/freezer and space for a washing machine, space for breakfast bar table, electric wall heater, alarm pull cord.
Bedroom One - The master bedroom is a great sized double bedroom with a window to the rear aspect, there is an electric heater, pull cord and TV point.
Bedroom Two - 3.05m x 1.83m (10'17 x 6'56) - The second bedroom is a good size with a window to the front aspect, there is an electric heater, pull cord.
Shower Room - The shower room is a good size and comprises; a white suite with a corner shower cubicle with electric shower, wash hand basin with pedestal, low level flush WC, partly tiled, shaver point, pull cord, and an extractor.
Communal Garden - There is a well maintained communal garden with seating area to enjoy and meet the residents .
Parking - There is an allocated parking space to the front of the property, and a storage cupboard to the front of the property Agents Notes - There are 73 years remaining on a 99 year lease.
Service Charge is currently £213.58 per month. No ground rent is payable.
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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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 advisers before making any investment decisions.
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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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About The Lawns, Stevenage
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