2-bedroom flat · SG2 0BP
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two double bedroom, first floor apartment is located within Priestley Road, Stevenage with a fantastic long lease of 976 years remaining, The property is a great size and comprises; entrance hallway, lounge/diner with dual aspect windows, fitted kitchen, two double bedrooms, one with an en-suite and bathroom.
Out side the property has an allocated parking space and visitor spaces.
Priestley Road is close to lots of local amenities and green spaces including: Marriotts Secondary School 0.2 Miles Camps Hill Primary School 0.3 Miles Local Shops 0.3 Miles Fairland Valley Park 0.4 Miles Stevenage Town Centre 1.3 Miles Stevenage Train Station 1.4 Miles A1m 1.8 Miles ENTRANCE HALLWAY Doors to lounge/diner, bedrooms and bathroom.
Storage cupboard. LOUNGE/DINER 3.52m x 6.90m (11' 7" x 22' 8") A fantastic size room with a window at the front aspect and a Juliet balcony at the rear aspect. Radiator. Open to the kitchen.
KITCHEN 2.30m x 2.11m (7' 7" x 6' 11") Fitted kitchen comprising a range of wall and base units with worksurface over. Double oven, gas hob with extractor over.
Space for washing machine and fridge/freezer. Window to the front aspect. Radiator.
BEDROOM ONE 3.50m x 3.12m (11' 6" x 10' 3") Double bedroom with fitted wardrobes and access to en-suite shower room. Window to the rear aspect. Radiator.
EN-SUITE 2.78m x 2.55m (9' 1" x 8' 4") Double shower tray enclosure, wash hand basin and w/c. Window to the rear aspect.
BEDROOM TWO 3.48m x 3.26m (11' 5" x 10' 8") Double bedroom with window to the rear aspect. Radiator.
BATHROOM 2.04m x 1.83m (6' 8" x 6' 0") Partially tiled walls with side panel bath and mixer tap, wash hand basin and w/c. Window to the front aspect.
ALLOCATED PARKING An allocated parking space and visitor spaces can be found to the front of the property.
AGENTS NOTES This is a leasehold property with 976 years remaining on the lease.
The current owner pays the following charges: £96 per month service charge We have been informed there is no ground rent.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Priestley Road, Stevenage, SG2
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