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See how verdicts work2-bedroom flat · KT22 0BW
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom first floor apartment with balcony and far reaching views over Surrey, set on the recently built Merrileas development.
In excellent condition, the property benefits also from two secure parking spaces and external storage unit.
SITUATION AND DESCRIPTION Stunning 1st floor apartment with far reaching views, just two years old and having two bedrooms, two bathrooms (one en suite), open plan living area with south facing balcony and two secure parking places.
Benefits from Cat 5 cabling, integrated USB sockets, both private and communal electric charging points and external storage room.
HOW TO GET THERE From our office in Oxshott head towards Leatherhead and Merrileas Drive is the seventh turning on the left.
Oak Hill House is the furthest block away from the main road at the top of the development. MAIN ENTRANCE Fob activated door with video entry system. Into hallway with lift and stair access.
ENTRANCE Entrance into hallway with doors to all rooms. Large utility storage cupboard housing washing machine and tumble dryer.
Ceramic wood -effect tile floor flowing through to: KITCHEN/LIVING/DINING ROOM 7.73m x 5.27m (25'4" x 17'3" ) Fully fitted kitchen with range of wall and base units with stone worktop over, including peninsula with breakfast bar.
Siemens integrated appliances including oven, five ring induction hob, microwave, extractor, wine fridge and full height fridge/freezer.
One and half bowl under-mounted sink with mixer tap and instant boiling or filtered water tap. Open to living area with space for dining and sofa zones.
Door to south facing balcony with far reaching views. MASTER BEDROOM 4.69m x 3.26m (15'4" x 10'8") Dual aspect with doors to second balcony.
Integrated wardrobes with mirrored doors, blackout curtains and blind, wall mounted TV point. Door to: EN SUITE SHOWER ROOM Large shower with hand held and over head outlets, low level W.C.
with concealed cistern and vanity unit housing surface mounted wash hand basin with storage drawers below.
BEDROOM TWO 3.34m x 2.99m (10'11" x 9'9") Front aspect, fitted blinds and boiler cupboard housing combination boiler. FAMILY BATHROOM Panel enclosed bath with shower over, low level W.C.
with concealed cistern and vanity unit housing surface mounted wash hand basin with storage drawers below.
STORAGE 2.96m x 2.49m (9'8" x 8'2") Situated in the basement parking, secure brick store room. PARKING Gated basement parking with lift access, two generous spaces, one with electric charger.
LEASE 999 Years from 2023 SERVICE CHARGES £2428 pa with peppercorn ground rent
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.
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FAQ
About Oak Hill House, Merrileas Drive, Oxshott
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