2-bedroom flat · HP11 1UB
Sold STCListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* See Virtual Tour * Being sold with no onward chain, this is an immaculately presented ground floor apartment that has patio doors that lead onto the private terrace that extends out to communal gardens.
The property offers any new owner (60 years of age or older) a perfect opportunity to move into a well regarded retirement property that is close to local amenities and public transport links.
The Acorns is a development of 30 private homes that has the benefit of a community centre for residents to use for socialising with other residents and visitors.
The centre has a communal kitchen, shower room, launderette and even a guest bedroom for an overnight visitor!
The Acorns provides a pleasant environment for retirement living with each apartment fitted security pull cords just in case of any emergency.
Please note, a few of the last images are of the community centre and not the apartment. Call Keegan White today to book in your viewing.
THE PROPERTY Located to the ground floor, a private front door opens into the entrance hallway that gives access to all rooms and has a convenient storage cupboard.
The living room is large with windows to front aspect and patio doors to the rear.
The kitchen is very modern with a good range of storage units above and below the worktop, fridge freezer, electric hob with extractor fan, oven, microwave, washing machine, tumble dryer, a 1 1/2 stainless steel sink and drainer and windows overlooking the communal gardens to the rear.
The modern bathroom has been refurbished and provides a large shower cubicle, WC, a hand basin, heated chrome towel rail and window to rear.
There are two double bedrooms, one with windows to front and the other with windows to rear.
Externally, there is allocated parking for one car, and the property has a private terrace that is open to the communal gardens that are beautifully maintained by contractors and residents.
THE LOCATION Located at the end of Lansdown Way, the apartment is to the south side of High Wycombe, about 1.5 miles from the town centre.
The property is also situated within a short walk of the new Costa, Next, Empire Cinema and both Waitrose and Asda are a short drive away.
Similarly, within a 2 minute drive is Junction 4 of the M40 motorway offering convenient travel into London to the east, or Oxford to the west.
Local bus services provide frequent transportation to the Train station, as well as to neighbouring towns such as Marlow and Maidenhead.
The town itself has extensive retail shopping, restaurants, and leisure facilities for all, with bowls and cricket clubs at Rye Park and the new Sports Centre at Handy Cross provides facilities for people of all ages, including the Olympic sized swimming pool.
Leasehold information to be verified by solicitors: Lease Term Remaining 961 years Service Charge: circa £312 pcm / £3,745 pa Energy Performance Rating: D (65) Please note that there is a levee applied to the vendor when the property is sold which equates to 1% of the original purchase price for each year owned.
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 The Acorns - Retirement Apartment for Over 60's - No Chain
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