2-bedroom house · KT10 0AW
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, larger-than-average two-bedroom retirement apartment on the second (top) floor of the popular Gibson Court development, exclusively for residents aged 60 and over.
A rare find within the development, this attractive corner apartment benefits from an L-shaped lounge and additional windows that fill the room with natural light.
Neutrally decorated throughout and presented in good condition, it offers a welcoming feel and well-proportioned accommodation.
The generous reception room provides ample space for both relaxing and dining, with pleasant views over the local recreation grounds.
The separate modern kitchen has a window, while the modern shower room also benefits from natural light. There are two double bedrooms and two useful storage cupboards off the hallway.
The apartments are set in exceptional private gardens, and with the grounds situated back from Manor Road North via private road, the development offers all the benefits of a peaceful lifestyle.
The area is very well served by local shops situated only 0.2 miles away with a parade of stores on one side and in a pretty village square setting on the other.
They include a baker, family butcher, chemist, doctors` surgery, a small supermarket and post office, newsagents, hairdressers` hardware and electrical store, as well as several other useful establishments.
Hinchley Wood is equally well served by public transport links, with a regular bus service to Claygate and Esher in one direction and Surbiton and Kingston in the other.
In addition, Hinchley Wood Station has fast train links both into London and out to Guildford.
The development itself consists of both 1 and 2 bedroom apartments, with onsite laundry and parking, a residents` lounge, guest suite and resident House Manager.
Gibson Court benefits from a brand new Door Entry System as well as a Warden Call Service which has been installed in all communal areas and apartments.
From its pretty surrounding gardens and convenient location to the relaxing living rooms, Gibson Court is an ideal retirement choice.
Key Information: • Service Charge: £4,897.36 Per Annum • Ground Rent: £574.16 Per Annum • Ground Rent Review periods: TBC • Lease Expiry Date: 1st May 2117 • Tenure: Leasehold • Council Tax Band: E • EPC Rating: C • Heating Type: All electric • Parking: Unallocated • Mobile Strength: Data Provided by Ofcom EE - Likely to have good coverage and supports multimedia.
Three - Likely to have good coverage and supports multimedia. O2 - Likely to have good coverage and supports multimedia. Vodafone - Likely to have good coverage and supports multimedia.
• Broadband Strength: Data Provided by Ofcom Standard 15 Mbps/1 Mbps Superfast 55 Mbps/9 Mbps Ultrafast 1000 Mbps/220 Mbps Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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