1-bedroom flat · RH4 3EQ
For saleReduced £10k (−8.3%) on 29 JunListed 411 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in arguably the best position within this highly desirable development, is this well presented first floor one bedroom apartment which is offered to the market with no onward chain.
The property is part of a sheltered scheme for the over 55's located on the outskirts of Dorking approximately 3/4 mile from Dorking town centre.
The accommodation benefits from sealed unit double glazing and an entry phone system.
An on-site manager is available during office hours Monday to Friday and all outside decoration, garden maintenance, window cleaning, building's insurance and water charges are included in the maintenance charge.
There are well tended communal grounds and seating areas with garden benches, from which lovely views can be enjoyed overlooking the North Downs.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 31, Hanover Court, Dorking
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