1-bedroom house · KT15 2PR
For saleListed 172 days
Opportunity summary
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About
A spacious one-bedroom first floor apartment, situated within the popular Mead Court retirement development for those aged 55 and over.
The apartment enjoys a lovely south-west facing aspect overlooking the main communal gardens and is presented in good decorative order throughout.
The accommodation comprises a large reception room with access to a small balcony perfect for enjoying the afternoon and evening sun, whether relaxing with a drink or maintaining a selection of potted plants alongside a well-proportioned kitchen with a window, a recently installed walk-in wet room, a generous double bedroom with built-in wardrobes, and a large storage cupboard off the entrance hall.
The apartment is positioned on the car park side of the development, benefiting from a sunny aspect and a quieter setting compared to those facing the A317, resulting in a bright and peaceful living environment.
Mead Court is located in Addlestone on the border of Weybridge, opposite Woburn Park and 0.5 miles from town centre.
Built in 2005 and comprising 31 one and two bedroom apartments set over 3 floors all with lift access, the development also offers unallocated parking with rights for guests and family.
Residents additionally benefit from the use of the garden with a seating area, communal lounge, kitchen and laundry. There is a guest suite and the site is accessible by wheelchair.
The local area: Situated in the Surrey borough of Runnymede, Addlestone offers a suburban lifestyle and is well served by public transport with regular bus services to Kingston and Chertsey.
Addlestone town centre has undergone a major regeneration project, Addlestone One.
Costing £92 million the mixed-use scheme houses a hotel, cinema, gym and a variety of restaurants and retail units, one of which being Waitrose.
As well as this exciting new development the high street includes, amongst others; Tesco Extra supermarket, Costa Coffee, Lloyds Pharmacy, high street banks and a post office.
The Eileen Tozer Centre is a day care centre offering a variety of activities such as keep fit, bingo, knitting and quizzes to name but a few.
" Ashtead`s transport links include the A24 that runs through it and up to Epsom, local bus services and a train line that provides services into London and down to the south coast.
Key Information: • Service Charge: £3,391.58 • Ground Rent: £395 • Ground Rent Review periods: TBC • Lease Expiry Date: 1st Jan 2130 • Tenure: Leasehold • Council Tax Band: C • EPC Rating:C • Heating Type: Electric Heating • 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 12 Mbps/1 Mbps Superfast 80 Mbps/20 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.
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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About Mead Court, Addlestone
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