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See how verdicts work2-bedroom flat · PE8 4FE
Listing removedListed 396 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property: This ground floor apartment is set on the popular Riverside Maltings development, a scheme devised for those aged 55 years and over.
The apartment is offered in good decorative order throughout and has comfortable accommodation with double-glazed windows and efficient electric heating.
The property is one of the few with direct access to the communal gardens. The front door leads into the hall, with the bedrooms set on either side.
The larger, double bedroom has a window to the front. A door opens to a large, walk-in cupboard / wardrobe.
The second bedroom also has a window to the front, though these are often used as spare rooms, hobby rooms, or dining rooms.
The shower room has stylishly refitted offering an easy-entry shower, WC and basin.
The living room is a great size and filled with light from the windows and glazed door that overlooks the communal gardens and opens out onto a sunny patio.
An electric fire set within a fire surround is an attractive focal point. The kitchen is fitted with a range of wall and base units, with worksurfaces and inset single drainer sink.
Integrated appliances include a double electric oven, induction hob, extractor hood and fridge freezer. There is also space for a dishwasher and washing machine.
The communal gardens have lit paths meandering through the shrubberies and lawns. There is car parking near to the apartment. Close by is the site manager's office and resident's lounge.
Service Charge: There is a service charge of approximately £235 per month.
The charge includes external building maintenance, buildings insurance, external window cleaning, communal grounds maintenance, 24/7 remote monitoring and an on-site manager available part time hours.
Council Tax: Band B Energy Performance Rating: Band D Tenure: Leasehold - 59 years remaining Local Authority: North Northamptonshire Council Viewing: Strictly by appointment with Woodford & Co .
IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. OUN250262/
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Riverside Maltings, Oundle, Northamptonshire, PE8
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