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See how verdicts work1-bedroom flat · GU21 5FG
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented first-floor retirement apartment for residents aged 60 and over, ideally situated within this established development in Woking.
The accommodation comprises a spacious square-shaped living room, fitted kitchen, generous double bedroom and shower room.
Further benefits include lift access, secure parking and well-maintained communal gardens.
The development offers a range of facilities designed to support independent living, including a community alarm system, a large communal lounge, laundry facilities and guest accommodation.
Highly commended in the eac Housing for Older People Awards in 2014, the development provides a welcoming and secure environment with excellent communal facilities.
Conveniently located within a short walk of Woking town centre and the Mainline railway station, residents can enjoy a wide range of shops, restaurants, cafés and leisure facilities, including Victoria Place, a multi-screen cinema and theatre.
Fast rail services to London Waterloo take approximately 25 minutes.
Nearby Woking Park and Leisure Centre offer green open spaces, tennis courts, bowling greens, an indoor swimming pool and a variety of recreational activities.
An excellent opportunity for those seeking a conveniently located retirement property, combining independent living, communal amenities and easy access to local facilities.
Leasehold: 111 years remaining Service charge: £2,798.83pa Ground rent: £647.98pa
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 Grove Road, Surrey
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