2-bedroom flat · PE8 4FE
Listing removedListed 239 days
Opportunity summary
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About
Riverside Maltings offers accommodation for individuals aged 55 and over, managed by an on-site management office.
The development features a community room for social activities and shared outdoor courtyard and gardens.
This two bedroom ground floor apartment is presented in immaculate condition and has been continually upgraded by the current owner.
As you enter this property you are greeted with an entrance hallway, leading to the bedrooms.
The first bedroom is a good size double benefitting from a double built in wardrobe, this room is neutrally decorated and offers additional space for storage.
The second bedroom is a substantial single. The hallway leads through to the living/dining room, which is open plan with a large window overlooking the courtyard.
A door connects into the newly fitted Shaker kitchen. The kitchen benefits from an integrated fridge/ freezer oven, hob, and washing machine.
A clean, spacious shower room completes the accommodation, with a good size shower, heated towel rail and large storage cupboard. The shower room has floor to ceiling tiling.
This property has been beautifully kept and maintained, with newly fitted carpets throughout. Additionally, this property benefits from a garage.
Presented in move-in condition and offered with no forward chain. This development also offers a communal car park. Located close to the centre of Oundle market town.
Oundle has many local amenities including a choice of supermarkets, a range of cafes and public houses, boutiques, hairdressers and a variety of sports and leisure facilities.
There is a bus stop conveniently positioned just outside of the development with routes to Peterborough and Corby.
Tenure: Leasehold (approximately 63 years remaining) Service Charge: £237pcm No Forward Chain Council Tax Band: TBC
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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