1-bedroom flat · RH4 1PP
Listing removedReduced £10k (−4.3%) on 6 JulListed 239 days
Opportunity summary
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About
A well-presented spacious one double bedroom ground floor apartment situated a short walk to Dorking's main train station and close to open countryside being only a short walk from the foot of Box Hill.
A well-presented spacious, 1st floor one double bedroom apartment situated a short walk to Dorking's main train station and close to open countryside being only a short walk from the foot of Box Hill.
Communal stairs lead up to the front door.
The entrance hallway flows through to the bright and airy lounge offering pretty views of the communal grounds through a large window, this space is an impressive 14'5 x 10'11 sq ft allowing room for additional furniture, including a dining table and chairs.
A doorway leads through to the updated kitchen which offers an array of cabinets, complemented by ample worktop space and room for all the expected appliances.
Next is the bedroom, which is a good size double with built wardrobes. This is a bright and airy room with plenty of natural light and sunshine with views to Boxhill.
Finishing off the accommodation is the generously sized bathroom completed with a modern white three-piece suite.
Outside The property has use of the shared communal grounds which are well maintained, where there is an extensive area of well-kept lawns, feature borders, shrubs and trees.
There is plenty on and off-street parking but the property benefits from a single garage, meaning there is always somewhere to park.
Leasehold The property is leasehold with a service charge of £1,300 per annum. The property has 140 years remaining on the lease. Full information is available upon request.
Please note: There is a covenant on the lease which prevents this property from being rented out.
Service charge The service charge of the property is set annually by the residents at the agm who discuss anticipated maintenance for the coming year.
One service charge is for the estate (this fee includes communal grounds, maintenance, garages, and liability insurance), whilst another is for the apartments and includes fortnightly cleaning, window cleaning, electricity, redecorating and building maintenance.
Its worth noting that currently the residents are looking to purchase the freehold. This property is council tax band C.
Location Chester Close is situated just on the outskirts of Dorking town centre which offers a comprehensive range of shopping, social, recreational, and educational amenities with facilities for the commuter from one of three railway stations.
Dorking main railway station is within proximity offering direct services into London Victoria and London Waterloo in approx. 50 minutes.
The M25 is accessed seven miles north equidistant via the A24 to Leatherhead Junction 9 or the A25 to Reigate Junction 8.
The general area is famous for its outstanding countryside including Ranmore and Box Hill (National Trust) and is ideal for the walking and riding enthusiast.
Together with Denbies Wine Estate (England's largest vineyard) with its popular restaurant, vineyard tours, gift shop and hotel.
Viewing - Strictly by appointment through Seymours Estate Agents, Cummins House, 62 South Street, Dorking, RH4 2HD. Agents Note: These property details are for guidance purposes only.
While every care has been taken to ensure their accuracy, they should not be relied upon as a statement of fact.
We strongly advise buyers to independently verify measurements and information with their legal professional.
Items known as fixtures and fittings, whether mentioned or not in these sales particulars, are excluded from the sale but may be available by separate negotiation.
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.
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Area
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FAQ
About 50, Chester Close, Dorking
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