1-bedroom flat · SM6 8QX
For saleReduced £10k (−4.7%) on 14 SepListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** not to be missed ** Offered to the market with no onward chain, Kenyons are delighted to present this attractive and well-maintained one-bedroom lower ground floor apartment.
Boasting generously proportioned accommodation throughout, the property also benefits from the valuable addition of an allocated parking space.
Further features include double-glazed windows and a long lease with approximately 149 years remaining, making this an ideal purchase for first-time buyers, downsizers, or investors alike.
Conveniently located within easy walking distance of local shops and the vibrant Wallington High Street, residents can enjoy a wide selection of amenities, including supermarkets, leisure facilities, popular cafés, bars, and restaurants.
Excellent transport connections are also close at hand, with regular bus services and Wallington mainline station providing direct links to Central London and surrounding areas.
A fantastic opportunity to acquire a well-positioned home in a sought-after location. Early viewing is highly recommended.
* communal entrance hall * entrance hall * living room * * fitted kitchen * double bedroom * bathroom * double glazing * * allocated parking space * convenient location * long lease * * ideal first time buy or buy to let investment * * no chain * accommodation: Communal entrance: With security entry system, stairs leading down to lower level.
Entrance hall: Entry phone system, cupboard housing water tank, laminate flooring. Living room: 14'6 x 11'2. Double aspect with double glazed windows, wall mounted electric heater, laminate flooring.
Kitchen: 9'10 x 6'3.
Fitted with a range of matching base and eye level units finished in gloss white, contrasting work surfaces, tiled splash-backs, sink unit, built in over and separate hob above, extractor fan, space for under counter fridge and freezer, space and plumbing for washing machine, space for slimline dishwasher, space for undercounter fridge, further storage cupboard, tiled floor, glazed windows.
Double bedroom: 10'10 x 10'10. Double glazed windows, wall mounted electric heater, built-in wardrobe, laminate flooring.
Bathroom: Fitted with white suite comprising panel enclosed bath with electric shower over, wash hand basin set in storage unit, low flush w.c, tiled walls, tiled floor, extractor fan.
Outside: Parking: Allocated parking space.
Tenure: Leasehold - We understand from the vendor that the property leasehold, And that the lease expires in 2175, therefore there are approximately 149 years remaining.
We have also been informed by the vendor that the current service/maintenance charge is £83.93 per month and there is a peppercorn ground rent.
However prospective purchasers are advised to check these details with their solicitors.
Notice to purchasers: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings.
We would advise purchasers to satisfy themselves as to their condition.
Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.
Kenyons - Established 1984 Celebrating over 40 Years of successfully selling and letting properties in the local area
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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.
Area
Agent & docs
FAQ
About 2, Clarendon Road, Wallington
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