2-bedroom flat · ST15 8HL
Listing removedListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented first floor apartment located in a quiet position within easy walking distance of the railway station, pubs, restaurants and Stone town centre.
With spacious accommodation comprising: Communal entrance with space to store a bicycle, apartment entrance hall, living room diner, kitchen, modern bathroom and two bedroom.
Also benefitting from uPVC double glazed windows throughout, allocated off road parking and gas combi central heating.
Early Viewing Essential - no upward chain Communal Entrance A part glazed panelled front door with lever lock and push button security latch opens to the communal stairwell.
Apartment Hallway A solid wooden front door opens to the hallway. With radiator, central heating thermostat, carpet, doorways to the living room diner, both bedrooms and bathroom.
Living Room Diner A spacious 'L' shape reception room with three uPVC double glazed windows to the front and rear elevations, two radiators, carpet, Virgin Media and BT Open Reach connections.
Kitchen Fitted with a range of light wood effect wall and floor units, black marble effect work surfaces with tiled splash-backs and inset 11⁄2 bowl stainless steel sink and drainer with chrome mixer tap.
Radiator, uPVC double glazed window to the front aspect and vinyl flooring. Cupboard housing a Worcester Greenstar 28i Junior gas combi central heating boiler.
Appliances including: Integral electric oven, stainless steel gas hob with extractor fan and light over. Space for an under work surface fridge, plumbing for a washing machine.
Bedroom One With uPVC double glazed window to the rear of the apartment, radiator and carpet. Bedroom Two With uPVC double glazed window to the side aspect, radiator and carpet.
Bathroom Fitted with a white suite comprising: Pedestal wash hand basin with chrome taps, standard bath, panel and shower screen with chrome showerhead mixer tap, low level push button WC.
Part tiled walls, uPVC obscure double glazed window to the rear elevation, extractor fan, vinyl flooring and towel radiator.
Outside To the rear of the apartment is a blocked paved parking area with allocated parking. General Information Tenure: Leasehold - 125 years from 2005 Services Charge: £480.00 p.a.
Services Mains gas, water, electricity and drainage. Gas combi central 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 20, Alexandra Street, Stone
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