1-bedroom flat · PE9 2DN
Listing removedReduced £14k (−7%) on 15 AugListed 503 days
Opportunity summary
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About
A first floor, one bedroom apartment located in the heart of Stamford, on picturesque St Mary's Place.
Description Upon entering this beautiful Grade II listed Georgian property on St Mary's Place, you are greeted with a grand communal entrance hall with sweeping staircase that takes you to the first floor.
The first floor apartment is positioned towards the back of the building, allowing greater privacy, tranquillity and views out over towards Burghley House across the Stamford roof tops.
This apartment works well as a pied-à-terre, a principal home, 'lock-up-and-leave', or investment rental. The apartment opens out into a useful hallway, with space for storage.
Through the hallway is the sitting room with high ceilings and a fireplace as a central focus. Alcoves allow further storage and the large sash window floods the room with south-facing light.
High ceilings continue next door in the kitchen with fitted cabinetry and space for fridge, dishwasher and washing machine.
Off the sitting room, steps leading down to the bathroom and large dual aspect double bedroom.
The bedroom with impressive ceiling height is also south facing with large Georgian windows maximizing both light and views. Parking would be by permit obtained from the council.
Location The Georgian market town of Stamford is situated along the banks of the River Welland, 12 miles north of the cathedral city of Peterborough.
Stamford provides a wealth of excellent amenities, including a range of high street and independent retailers, a selection of cafés, restaurants and public houses and a range of leisure facilities.
There is also a superb choice of schools, catering for all ages of primary, comprehensive, preparatory and independent schooling, all of which are within a mile and a half's walk of this property.
Stamford's railway station is also within a mile and a half's walk, with its currently hourly Midlands Cross Country services between Stansted Airport and Birmingham, serving Peterborough, with its East Coast mainline services to London Kings Cross (from 46 mins), and Cambridge.
Stamford caters for most sporting interests, with football, rugby and cricket clubs, as well as the Burghley Park Golf Club, while the grounds of Burghley House also provide a wonderful setting for walks.
Square Footage: 496 sq ft Leasehold with approximately 97 years remaining. Additional Info Fixtures & Fittings: Only those mentioned in these sales particulars are included in the sale.
All others, such as curtains, light fitting and garden ornaments are specifically excluded but may be available by separate negotiation. All journey times and distances are approximate.
All journey times and distances are approximate.
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 Apartment 2, Lansbury House, Stamford
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