2-bedroom house · ST15 8QZ
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A canal facing first floor retirement apartment in The Moorings (for the over 55's).
Offering spacious accommodation comprising: entrance hall with storage cupboards, living room diner with French doors opening to a balcony enjoying views across the communal gardens and canal, fitted kitchen with appliances, two good size bedrooms and a shower room.
Parking is available for Moorings residents and visitors, there is also a visitors guest room.
The Moorings has a comfortable communal lounge with TV, laundry and lovely gardens and patio area, seating overlooking the canal and is conveniently located within strolling distance of Stone town centre.
No Upward Chain - Viewing highly recommended. Communal Entrance - Offering a large reception area with lifts to all floors and secure entry phone system connected to each apartment.
Apartment Hallway - A panelled solid front door with spy hole opens to the hallway.
With exposed ceiling beams, fitted carpet, storage/cloaks cupboard, assistance and communal front door release intercom, electric panel heater, airing cupboard housing the hot water storage system, BT Open Reach connection, doorways to the living room diner, shower room, bedrooms one and two.
Living Room Diner - A spacious reception room offering exposed ceiling beams, uPVC double glazed window to the side elevation overlooking the communal gardens and French doors opening to a wrought iron balustrade canal side balcony.
Adams style fireplace with inset coal effect electric fire, two wall lights, carpet, TV connection and archway to the kitchen.
Kitchen - Fitted with a range of gloss white finish wall and floor units, marble effect work surfaces with tiled splash-backs and inset stainless steel 1 1/2 bowl sink and drainer with chrome mixer tap, tiled floor.
Appliances including: electric hob with extractor fan and light above, combi convection oven microwave, under work surface fridge.
Bedroom One - A double bedroom with uPVC canal side double glazed window, built-in wardrobes and storage to one wall, exposed ceiling beams, two wall lights, electric panel heater and carpet.
Bedroom Two - A second good size bedroom with exposed ceiling beam, uPVC double glazed window to the side aspect, built-in wardrobe/storage cupboard, electric panel heater and carpet.
Shower Room - Fitted with a white suite comprising; oversize shower enclosure with Mira Sport electric shower system, vanity wash basin with storage unit and chrome mixer tap, inset low level push button WC.
Exposed ceiling beam, fully tiled walls, chrome towel radiator, tiled vinyl flooring and extractor fan.
Communal Facilities - The Moorings has excellent communal facilities with a popular resident lounge which holds regular social activities.
The lounge is on the ground floor and has direct access to the well kept communal canal side gardens. In addition there is a library for the use of residents, communal laundry facility and store room.
There is car parking for residents and visitors available on site. General Information - For sale by private treaty, subject to contract Vacant possession on Completion.
Council Tax Band C Tenure - Leasehold: 99 years from 01/01/1989 - 63 years remaining Service Charge - £4335.96 per annum (£361.33 per month) Ground Rent - £438.92 per annum (£219.46 paid every 6 months) Services - Mains water, electricity and drainage.
Electric heating. 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

FAQ
About The Moorings, Stafford Street, Stone
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