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See how verdicts work1-bedroom flat · RH14 0JB
Sold STCListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the picturesque village of Kirdford, this beautifully presented one-bedroom ground floor flat was built just over a year ago by Bovis Homes.
The property benefits from its own private garden and offers a spacious open-plan living area, comprising a modern kitchen/diner and lounge with patio doors opening directly onto the garden.
The outdoor space features a pergola, shed, and convenient side access.
The well-appointed kitchen includes integrated appliances: washing machine, fridge freezer, dishwasher, electric oven, and a four-ring gas hob with extractor hood above.
There is also ample space for a dining table, making it ideal for both everyday living and entertaining.
The accommodation further comprises a generous double bedroom, a stylish fitted bathroom with WC, basin, chrome heated towel rail, and a bath with both a handheld shower and overhead shower, complete with a glass screen.
A large storage cupboard provides additional practicality. This property is available on a shared ownership basis, with a 38% share currently offered and the option to staircase up to 100% ownership.
The full market value of the property is £310,000. Additional benefits include an allocated parking space and an EV charging point.
Term remaining on lease: Approximately 988 years Property features: One allocated parking space Private garden with pergola and side access Fitted kitchen/diner with integrated appliances Gas central heating Double glazing Over-bath shower Purchase Requirements: Complete the require application forms provided by Sage Homes, who will financially qualify you.
Costs: Full Market Price: £310,000 Minimum Share: 38% Share Value: £117,800 Monthly Rent: £565.01 Service Charge pcm £98pcm What is shared ownership?
Shared ownership is a scheme designed to help those who wouldn't otherwise be able to purchase a home of their own.
This may be because you can't meet the full mortgage repayments, save a sufficient deposit, or both.
With shared ownership, you buy a percentage of your home and pay a reduced rent on the share you don't own How does shared ownership work?
You will buy a percentage share of a home, independently priced at market value. The Housing Association will charge you rent on the share you don't own plus a service charge.
This service charge covers things like buildings insurance and estate maintenance.
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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FAQ
About Oakside, Kirdford
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