2-bedroom flat · PE8 4FE
Listing removedListed 257 days
Opportunity summary
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About
A superbly presented first floor apartment with bright, two bedroom accommodation, set within attractive, managed grounds, with parking, on a scheme for those over the age of 55.
This superbly presented apartment is set in an enviable, first floor position, within this carefully managed and maintained scheme for the over 55s. The front door is set beneath a canopy.
This opens to the hall and the stairs a where a chair lift runs up to the landing. From here, there is access to the living room, which has two, large, west-facing windows.
An airing cupboard is built-in to one side.
The kitchen is through a door and is fitted with a range of wall and base units with work surfaces, inset sink, electric cooker with extractor and a built-in fridge / freezer.
There is also a washing machine. The two bedrooms are across the hall, each with a view to the east. The shower room has been superbly refitted, with basin, WC and easy access shower, with seat.
There are neatly maintained communal gardens and an area for car parking. The site manager has an office that is open in the mornings, for advise and assistance.
Adjacent to her office is a communal function room and kitchen, where events take place through out the year. Lease details - 99 years from 1995 - approximately 69 years remaining. Tenure - Leasehold.
Service charge - About £213 per month - this covers buildings insurance the alarm call system, and the grounds and buildings maintenance. Services - Mains electricity, water and drainage.
Electric heating. Local Authority - North Northamptonshire Council.
Brochures IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. OUN250149/
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
About Riverside Maltings, Oundle, PE8
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