2-bedroom flat · SG18 0RE
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price - £300,000 - £310,000 Situated in the development of 'Parklands Place', this beautiful 2 double bedroom apartment for the over 60’s is positioned on the first floor.
The property has many benefits to include, an allocated parking space, underfloor heating, one of the bedrooms with a walk in wardrobe, the other bedroom with fitted furniture, shower room, lounge with Juliet balcony and dual aspect windows, fitted kitchen and presented in very good order.
The property is being offered chain free by us, the Sole Agents and is worthy of a viewing.
Guide Price - £300,000 - £310,000 Situated in the development of 'Parklands Place', this beautiful 2 double bedroom apartment for the over 60's is positioned on the first floor.
The property has many benefits to include, an allocated parking space, underfloor heating, one of the bedrooms with a walk in wardrobe, the other bedroom with fitted furniture, shower room, lounge with Juliet balcony and dual aspect windows, fitted kitchen and presented in very good order.
The property is being offered chain free by Kennedy & Foster, the Sole Agents and is worthy of a viewing.
Front door into: entrance hall Cupboard housing meter and consumer unit and light, double doors to walk in cupboard with light, tiled flooring, space for washing machine, vent Axia unit.
Intercom system. Wood doors to: Lounge 14' 08" x 11' 01" plus 7' 07'' (4.47m x 3.38m) uPVC double glazed balcony and dual aspect uPVC double glazed windows.
Door to: Kitchen 6' 11" x 6' 0" (2.11m x 1.83m) Wall, base and drawer units with work surface over, under cupboard lighting.
Built in fridge/freezer and dishwasher, oven and microwave, electric hob and extractor hood over, tiled floor, uPVC double glazed window, single drainer sink unit with mixer tap.
Bedroom 16' 07" x 9' 04" (5.05m x 2.84m) Fitted unit with bedroom furniture to include shelving storage and wardrobes, uPVC double glazed window.
Bedroom 14' 11" x 13' 04" (4.55m x 4.06m) uPVC double glazed Juliet balcony and uPVC double glazed window. Door to: Walking dressing room Hanging rail, drawers and storage space.
Shower room Walk in double shower unit with grab rail, rainwater shower and hand shower attachment, vanity basin with cupboard under, low level WC, heated towel rail, tiled floor.
Outside communal gardens allocated parking space (V) agent notes There is a communal lounge and kitchen on the ground floor over looking the River Ivel.
There is also a guest room (for a nominal charge) for visitors, you can get details from the house manager.
Lease and charges notes Lease Details - 999 years from June 2017 Service Charge - £4,743 per Annum Ground Rent - £495 Per Annum
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 Parkland Place, Biggleswade
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