1-bedroom flat · PE29 2ER
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor one bedroom maisonette with allocated parking space located within the Old Mill development close to the river, ideally located for the train station and road links.
This apartment boasts river and meadow views.
Access to residents lounge and communal laundry room Material information: Electric storage heaters Broadband download speed Ultrafast 1000MB (approximately) Water and sewerage billed by Anglian Water Lounge 2.95m (9' 8") x 5.10m (16' 9") Front door access to lounge.
Understairs storage cupboard Kitchen 2.95m (9' 8") x 2.20m (7' 3") Range of fitted units with built-in electric hob and oven.
Space for fridge Stairs & Landing Staircase leading from lounge Bedroom 1 2.95m (9' 8") x 3.95m (13' 0") Double bedroom with built-in double cupboard Bathroom 2.20m (7' 3") x 2.94m (9' 8") White three piece suite with shower over bath
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Mill, Godmanchester
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