6 Red Admiral Court, Little Paxton, St. Neots, Cambridgeshire

Description

A ground floor one bedroom apartment offered with vacant possession. This one bedroom ground floor apartment is located in a pleasant green area and nature reserve. The apartment offers lounge/kitchen, double bedroom and a bathroom.

Accommodation

Hall, lounge/kitchen, double bedroom and a bathroom.

Location

Little Paxton is located 1.7 miles from St Neots providing shopping and recreational facilities together with a main line rail link into London Kings Cross and the North.

Tenure / Property Information

Investment Analysis

Same-development sold evidence ranges from £164,000 to £227,500, with the most recent supplied sale at £170,000 on 30 June 2026. Bedroom counts, sizes, condition and parking details for the comparables are not supplied, so direct adjustment is not possible. A cautious base GDV of £170,000 is used, with £164,000 as the low scenario and £227,500 as the high evidence point. The guide midpoint of £120,000 plus the known £2,400 buyer premium and admin charge is £122,400 before any refurbishment, legal-pack disbursements or leasehold costs.

Investment Snapshot

Strategy Recommendation

Potentially suitable for cautious BTL consideration if leasehold charges and legal-pack terms are acceptable. Do not rely on the apparent margin or refinance surplus without confirming comparable specifications, condition, service charge, ground rent and all auction disbursements.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow for inspection and any necessary redecorating or repairs only after viewing and legal-pack review; no refurbishment allowance has been included in the calculations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the guide midpoint, the known purchase price and stated buyer/admin charges total £122,400 before works and other costs. A 75% refinance of the £170,000 base GDV is £127,500, leaving an indicative £5,100 surplus before finance, tax, valuation, refinance costs, refurbishment and unknown leasehold costs. The result is highly dependent on the unsupported comparable adjustments and achievable refinance valuation.

Buy-to-Let Analysis

The supplied one-bedroom asking rent is £875 pcm, equating to £10,500 annually. This produces approximately 8.75% gross yield against the £120,000 guide midpoint, or 8.58% against the known-cost total of £122,400. These figures exclude service charge, ground rent, finance, maintenance, voids, management, legal-pack disbursements and tax, so net yield cannot be established.

Flip Analysis

Using the £170,000 base GDV against the known £122,400 purchase-and-stated-fee figure indicates £47,600 before refurbishment, selling costs, finance, tax and other unknown costs. A reliable flip surplus cannot be calculated because refurbishment and selling allowances are unsupported.

Investor Risks & Due Diligence

• The supplied sold comparables do not state bedroom count, size, condition or parking, limiting reliable GDV adjustment.

• The £875 pcm figure is an advertised asking rent rather than an achieved rent.

• Service charge, ground rent and other leasehold costs are not supplied.

• Legal-pack disbursements and any special-condition costs are unknown.

• No condition report or refurbishment specification is supplied.

• Parking and heating information is blank.

• The analysis excludes finance, tax, maintenance, voids, management and selling costs.

Recommendation

Potentially suitable for cautious BTL consideration if leasehold charges and legal-pack terms are acceptable. Do not rely on the apparent margin or refinance surplus without confirming comparable specifications, condition, service charge, ground rent and all auction disbursements.

Strategy Rating

Analysis Confidence

There is useful same-development sale evidence, a stated asking rent and known auction charges, but comparable bedroom/size details, property condition, leasehold costs, parking, heating and legal-pack disbursements are not supplied.