1-bedroom flat · ST17 4BS
Listing removedReduced £9k (−9.1%) on 27 JulListed 532 days
Opportunity summary
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About
A one bedroom retirement apartment located on the ground floor with direct access to communal grounds.
Drakeford Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 46 properties arranged over 4 floors, each served by a lift.
The development consists of thoughtfully laid out one and two bedroom retirement apartments, each benefiting from its own private front door, entrance hall, lounge/dining area, fitted kitchen and fitted bathroom.
All apartments are fully specified for those aged sixty and upwards and include the 24 hour emergency Appello system, and camera entry system which enables a visitor to be seen before letting them in simply by changing channels on the television set.
Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Accommodation Front door with spy hole leading to Entrance Hall Emergency intercom and security door entry system. Intruder alarm. Illuminated light switch. Ceiling light fitting. Power point.
Door to airing cupboard with new boiler fitted in 2022-2023, shelving, storage space and electric meters. Doors off to living room, bedroom and bathroom.
Living Room With Patio Door With patio door to outside. Electric night storage heater. Fire surround with electric fire. Power points to include TV aerial point. Telephone point.
Ceiling light fittings. Emergency pull cord. Glazed double doors through to kitchen. Kitchen With Window Tiled and fitted with a range of wall and floor units with work tops.
Stainless steel sink unit with single drainer and mixer tap. Working surfaces. Built-in electric fan oven, four ring electric hob and overhead extractor hood. To include fridge and freezer.
Spot lights. Fan heater. Power points. Bedroom With Window Built in wardrobes with folding mirrored doors, hanging rail and shelves over. Ceiling Light fitting. Electric night storage heater.
Emergency pull cord. Illuminated light switch. T.V aerial point and power points. Bathroom Tiled and fitted with suite comprising shower cubicle, emergency pullcord, vanity unit and low level WC.
Wall mounted heater, extractor fan, ceiling light.
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
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FAQ
About 1, Drakeford Court & Lodge, Stafford
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