1-bedroom flat · IP11 7SG
Sold STCListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This apartment has the added benefit of having a window in the kitchen and a Juliette Balcony in the bedroom overlooking the communal gardens.
Heating is supplied in the form of modern electric storage heaters and all windows are of double glazed construction. St.
Johns Court is a popular retirement development offering a host of communal facilities including a residents lounge, laundry room, a residential house manager, landscaped communal gardens, residents parking and lift facility to all floors.
Communal entrance door accessed via security entrance system leading to:- COMMUNAL ENTRANCE Apartment 27 is situated on the first floor, which has stairs and lift access.
Entrance door leading to:- ENTRANCE HALL Electric storage heater. Phone entry system. Two large storage cupboard, one which house the hot water cylinder.
LOUNGE 13' 3" x 12' 1" (4.04m x 3.68m) Electric radiator. TV point. Window to outside and opening into the kitchen.
KITCHEN 9' 6" x 5' 7" (2.9m x 1.7m) Fitted worktops with storage units above and matching units and drawers below. Stainless steel sink unit with single drainer.
Space and plumbing available for washing machine. Hotpoint hob with extractor above. Window to outside. BEDROOM 13' 10" (Reducing to 9'3") x 13' 2" (4.22m x 4.01m) Electric storage heater.
Built in wardrobe with mirror fronted sliding doors. 'Tilt & turn' style window with Juliette balcony overlooking communal gardens.
SHOWER ROOM 7' 4" x 6' 2" (2.24m x 1.88m) Suite comprising; Low level WC, hand wash basin, double width shower cubicle with splash screen. Tiled walls. Heated towel rail. Extractor. OUTSIDE The St.
Johns Court development offers attractive communal gardens to both the front, rear and inner aspect in addition to residents parking TENURE - LEASEHOLD Remainder of a 99 year lease starting in 1988.
SERVICE CHARGE We understand from the current owner that the service charge is £3198 per annum to include buildings insurance, communal cleansing and electricity, gardening, water rates, the house managers salary and general maintenance of building.
GROUND RENT We understand from the current owner that the Ground Rent is £135.68 per annum. COUNCIL TAX BAND Band 'B'
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.
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FAQ
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