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See how verdicts work1-bedroom flat · ST15 8EF
Listing removedListed 383 days
Opportunity summary
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About
Location, location, location...An opportunity to purchase a canal facing ground floor retirement apartment on the edge of Stone town centre.
Offering well presented accommodation comprising: Entrance hall, spacious lounge diner with external doorway to a patio area and the canal side communal gardens, fitted kitchen with integrated appliances, good size double bedroom with canal view, and modern bathroom.
Built by McCarthy & Stone in 2008, Joules Court is a luxurious retirement complex offering a host of facilities for residents including: Security entrance system, large communal lounge with kitchen, emergency alarm system, lift to all floors, laundry, lovely communal gardens and secure parking for mobility scooters.
Available immediately - No Upward Chain Entrance Hall A solid 6 panel front door with spy hole opens to the reception hall.
Offering a walk-in storage cupboard housing the hot water storage system, ceiling coving, warden alarm panel, oak finish planked vinyl flooring, smoke and fire alarms.
Living Room Diner A spacious reception room with uPVC double glazed window and door opening to a patio area and the canal side communal gardens.
Modern fire surround with inset electric coal effect fire, ceiling coving, TV / satellite connection, wall mounted electric panel heater, carpet and obscure glazed double doors opening to the kitchen.
Kitchen A fully fitted kitchen with a range of wood effect wall and floor units, under wall unit lighting, granite work surfaces with tiled splash-backs and inset stainless steel sink and drainer with chrome mixer tap.
Ceiling coving, uPVC double glazed window overlooking the canal, wall mounted electric fan heater and oak finish planked vinyl flooring.
Appliances including: Ceramic electric hob with extractor fan and light above, integral fridge and freezer, integral eye-level microwave and electric oven.
Bedroom A generous size bedroom offering a canal view uPVC double glazed window, ceiling coving, built-in wardrobes to one wall with bi-fold mirrored doors, TV connection, wall mounted electric panel heater and carpet.
Bathroom Fitted with a white suite comprising: Standard bath and panel with chrome taps and mains fed thermostatic shower system above, vanity wash hand basin with storage unit and chrome taps, low level push button WC.
Ceiling coving, fully tiled walls, wall mounted electric fan heater, heated towel rail, shaver point strip light, extractor fan, emergency pull cord and vinyl flooring.
Outside With access from the lounge diner to a small patio area and the communal gardens.
Communal Facilities Joules Court was built in 2008 by McCarthy & Stone who are highly respected developers in the retirement home market.
The residence has extensive communal amenities for residents including a luxurious residents lounge with kitchen facility, lift to all floors, laundry & secure parking for mobility scooters.
Careline monitor the emergency alarm system. There is limited parking on site for residents only with spaces available on a first come first served basis.
There is also a guest bedroom with ensuite bathroom that can be rented at a small cost per night to accommodate visitors. General Information For sale by private treaty, subject to contract.
Vacant possession on completion. No upward chain. Services Mains water, electricity and drainage. Tenure Leasehold, 125 years from 2008.
Service Charge £3,111.44 per annum - Paid half yearly (24 hour emergency contact cover included) Ground Rent £425.00 per annum - Paid half yearly Council Tax Council Tax Band C Viewings Strictly by appointment via the agent
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
Agent & docs
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FAQ
About 6 Joules Court, Crown Street, Stone
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