1-bedroom flat · CB11 3HF
Sold STCReduced £20k (−11.1%) on 21 JunListed 296 days
Opportunity summary
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About
A recently refurbished one bedroom retirement apartment which enjoys direct access to the communal gardens.
The property offers bright and well proportioned accommodation and is offered with no upward chain.
Custerson Court Custerson Court is a desirable development of retirement apartments located in a convenient town centre location, within 10 minutes' walk of Waitrose.
The development has a resident house manager and each apartment has 24 hour emergency alarm cords in every room.
The communal areas include a spacious residents' lounge, laundry room, waste and recycling room and well-kept communal gardens with plentiful parking for residents and visitors.
The upper floors are accessible via a lift. Ground Floor Communal Entrance Hall Secure entrance door with access to communal hallway providing access to the lift system and staircase.
Private Entrance Hall Entrance door, built-in storage cupboard with shelving and doors to adjoining rooms.
Sitting Room Glazed window and door to the side aspect with views of the communal garden, door into:- Kitchen Fitted with a range of base and eye level units with quartz worktops, integrated oven, electric hob and extractor above, space for a fridge and freezer, glazed window to the side aspect.
Bedroom 1 Glazed window to the side aspect overlooking the communal gardens, built-in wardrobe.
Wet Room Comprising ceramic wash basin with vanity unit beneath, low level WC, heated towel rail and a shower with disability seat.
Outside Delightful well maintained, large communal gardens which are predominantly laid to lawn with a range of mature shrubs, trees and flowering bordering together with ample parking facilities.
Leasehold Lease Length: 125 years from 1 May 1995 (95 years remaining) Ground Rent: Approx. £550 p.a. Service Charge: Approx. £3,200 p.a. Resident's must be over the age of 60.
Viewings By appointment through the Agents.
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
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FAQ
About 3 Custerson Court, Station Street, Saffron Walden
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