1-bedroom flat · PE29 2EP
Sold STCListed 226 days
Opportunity summary
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About
Occupying a lovely position within a historic converted mill on the riverbank, this first floor apartment notably benefits from panoramic views over the river.
Historically a rental property achieving a strong rent and yield.
The converted mill is steeped in history, sympathetically converted to retain the heritage of the building whilst providing well proportioned living accommodation, ideal for a first time buyer, downsizer or buy to let investor.
All of the great local amenities within Godmanchester are just a short stroll away with Huntingdon High Street benefiting from a range of large shops, supermarkets and restaurants is easily accessible.
For the commuters, the train station is just a 20 minute walk away and due to the new access and A14 link, Cambridge is under a 30 minute drive away.
Offered with no forward chain and immediate vacant possession. EPC Rating: C GROSS INTERNAL FLOOR AREA The Gross Internal Floor Area is approximately 365 sq.ft / 34 sq.metres.
ENTRANCE HALL Giving access to the bathroom, living room and bedroom. Built in airing cupboard housing the hot water tank.
BATHROOM 1.78m x 2.11m Fitted with a three piece suite comprising of panelled bath with shower over, low level WC and wash hand basin.
BEDROOM 2.77m x 3.23m With an amazing view across the river the bedroom has double doors leading onto a balcony. There is plenty of room for a bed, wardrobes and drawers.
LIVING ROOM 3.12m x 3.18m A lovely bright room with a large window and further river views. The living room has an open arch way into the kitchen.
KITCHEN 2.16m x 2.11m Fitted with a range of base units and work surface over. Freestanding oven and space for a fridge freezer.
PARKING There is on site parking available for one vehicle. SERVICE CHARGE The current service charge is £1200 per annum, paid quarterly.
TENURE The Tenure of the Property is Leasehold, the term being 125 Years from 1982 with 83 years remaining. The Property benefits from owning a share of the Freehold.
EXTERNAL The property benefits from beautifully maintained communal grounds with views over the river ouse and landscaped gardens with seating areas.
LOCATION The idyllic and picturesque village of Godmanchester is situated adjacent to Huntingdon just over the River Ouse - easily within walking distance of the town centre, bus and train station.
Godmanchester benefits from three primary schools, all within 10 minutes by road, and there is a choice of secondary schools in nearby Huntingdon.
For further education Cambridge Regional College has a Huntingdon Campus located an 11-minute drive away.
When it comes to travel, Godmanchester enjoys fantastic road connections, with the nearby A14 putting Cambridge less than 30 minutes away and the A1 acting as a gateway to the North.
Alternatively, Huntingdon Station operates direct rail services to London King’s Cross in around an hour, making for a hassle-free city commute.
Within Godmanchester itself there are a number of impressive examples of architecture including the Parish Church, Island Hall and the Chinese Bridge as well as numerous local amenities.
AGENTS NOTES These particulars whilst believed to be correct at time of publishing should be used as a guide only.
The measurements taken are approximate and supplied as a general guidance to the dimensions, exact measurements should be taken before any furniture or fixtures are purchased.
Please note that Oliver James Property Sales and Lettings has not tested the services or any of the appliances at the property and as such we recommend that any interested parties arrange their own survey prior to completing a purchase.
MONEY LAUNDERING REGULATIONS In order to progress a sale, Oliver James will require proof of identity, address and finance.
This can be provided by means of passport or photo driving licence along with a current utility bill or Inland Revenue correspondence.
This is necessary for each party in joint purchases and is required by Oliver James to satisfy laws on Money Laundering.
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 Riverside Mill, Bridge Place, Godmanchester.
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