2-bedroom flat · SM6 0BL
Let agreedListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This retirement property is for persons aged 70+ years of age and is located in one of the best developments within Wallington.
Situated on the third floor is this two-bedroom apartment which has been redecorated throughout with new carpets and is presented in an immaculate condition throughout.
This spacious apartment consists of a large reception room with direct access to private balcony, a modern kitchen with window and integrated appliances, a master bedroom with walk-in wardrobe, a second large double bedroom, a fully tiled walk-in shower room, additional WC and two large storage cupboards off the entrance hall.
Elles House is situated in the heart of Wallington and is in immediate proximity of the Jubilee health centre and Shotfield medical practice, Kamsons pharmacy (open until 19:00hrs), High Street and an assortment of shops, restaurants and other services including public transport.
The development itself benefits from 24 hour on-site care, a fully serviced restaurant for daily three course lunch and can provide a sandwich supper (at additional cost), a residents' lounge, guest suite for family and friends, a laundry room, communal lifts, gated parking and beautiful private landscaped gardens.
Parking is subject to availability on a first come, first served basis via an annual permit scheme at a charge of £250 pa.
Key Information: • Council Tax Band: D • EPC Rating: B • Heating Type: Under Floor Heating • Parking: Subject to Permit availbility • 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 17 Mbps/1 Mbps Superfast 71 Mbps/16 Mbps Notice All photographs are provided for guidance only.
Redress scheme provided by: Property Redress Scheme (PRS004061) Client Money Protection provided by: Dps (1555611)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 46 Elles House, Shotfield, Wallington
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