1-bedroom flat · BR6 8NE
For saleReduced £20k (−11.8%) on 20 JunListed 437 days
Opportunity summary
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About
Declaration of interest: Section 21 of the Estate Agents Act 1979 applies in this instance, as the estate selling this property are a relative of a Director of The Acorn Group.
Summerland’s Lodge is a sought-after purpose-built retirement development.
Ideally located within close proximity to a vast array of local shops, restaurants, cafes, and the Princess Royal University Hospital as well as reliable transport links.
The development offers excellent amenities including resident warden, spacious communal reception room with tea-making facilities, and a well-equipped laundry room.
This well-presented first floor flat overlooks the attractive and well-maintained communal gardens and is easily accessed via two lifts or stairs.
The accommodation comprises an entrance hallway with storage cupboards, leading to a bright and spacious lounge/dining room, a modern fitted kitchen, and contemporary shower room.
The property also benefits from a generous double bedroom with built-in cupboard storage, entry phone system, and emergency pull cords connected to a 24-hour careline system for peace of mind.
There are also ample shared parking spaces for residents and visitors, as well as a guest suite for family to stay when visiting Offered chain free, early viewing is highly recommended.
Tenure - Leasehold (125 Years From 25th of March 1985) Service Charge - £280 Per Month Ground Rent - £150 Per Annum Energy Efficiency Rating – C / Council Tax London Borough Of Bromley Tax Band - C
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.
Area
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FAQ
About Flat 47, Summerlands Lodge,, Farnborough Common, Orpington
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