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See how verdicts work2-bedroom flat · PE21 9EJ
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two-bedroom apartment, being offered for sale with tenant in-situ.
The property benefits from open-plan living incorporating a fitted kitchen, two well-proportioned double bedrooms and a family bathroom.
Further benefits include gas central heating, uPVC double glazing and an allocated numbered parking space. Leasehold (with long lease).
ACCOMMODATION Entrance Hall Having a front entrance door, radiator, coved cornice, ceiling recessed lighting, built-in cloak cupboard housing the wall-mounted electric fuse box.
Open Plan Living Area 22' 0" (maximum) x 18' 0" (maximum) (6.71m x 5.49m) Incorporating dining, seating and kitchen areas.
The kitchen area has worktops with a stainless steel one-and-a-half bowl sink and drainer with mixer tap, base-level storage units, drawer units and wall-mounted units, integrated fridge and freezer, integrated oven and grill, four-ring electric hob and a fume extractor over, concealed Potterton gas central heating boiler, window, coved cornice, ceiling recessed lighting.
The dining and seating areas have two further windows, two radiators, coved cornice and ceiling recessed lighting.
Bedroom One 11' 0" (including built-in wardrobes) x 9' 5" (including built-in wardrobes) (3.35m x 2.87m) With window, radiator, coved cornice, ceiling light point, built-in wardrobes with mirrored sliding doors and hanging rail and shelving within.
Bedroom Two 10' 1" (maximum) x 9' 8" (maximum) (3.07m x 2.95m) With window, radiator, coved cornice and ceiling light point.
Bathroom Being fitted with a three-piece suite comprising WC with concealed cistern, wash hand basin with vanity unit and mixer tap, bath with wall-mounted mains-fed shower over and handheld shower attachment and fitted shower screen, tiled splashbacks, heated towel rail, electric shaver point, extractor fan, obscure glazed window and ceiling recessed lighting.
EXTERIOR The property benefits from a numbered allocated parking space. SERVICES Mains gas, electricity, water and drainage are connected. AGENTS NOTE Leasehold.
The Lease commenced on 27th January 2012 for a term of 199 years.
An annual service charge of £1,270.77 is payable on account, to LSH Residential Limited for the upkeep and maintenance of unadopted roads, walkways and communal areas.
The property it offered for sale with tenants in-situ and income figures are available on request from the selling agent. REFERENCE 05102026/31088404/GOS
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.
Area
Agent & docs
FAQ
About Riverside, Boston, PE21
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