1-bedroom flat · KT13 8RY
For saleReduced £15k (−12%) on 21 JunListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the 1st floor and benefiting from a private balcony is this one double bedroom retirement apartment in the popular Alexandra Lodge development for persons aged 60+ Years of age.
The apartment comprises a bright reception room, a modern kitchen, walk-in shower room, double bedroom and is offered in very good condition throughout with the entire apartment having been refurbished by the current owners during their ownership.
Further benefits include a 100 year lease, newly installed water heater, On-site management and ample parking for both residents and visitors.
The apartment is naturally bright & airy throughout, is accessible via lift or stairs, has ample parking for both guests and residents as well as being sold with no onward chain.
Alexandra Lodge itself comprises 24 one and two-bedroom apartments, and is set over three floors and offers excellent access into Weybridge town centre and the surrounding areas.
With ample parking and good transport links, travel is not an issue at Alexandra Lodge, and with a residents' lounge, guest suite, laundry and day manager, the development offers excellent services as well as accommodation.
Key Information: Service Charge: £3,808.44 Per Annum Ground Rent: £442.98 Per Annum Ground Rent Review periods: Tbc Lease Expiry Date: 1st January 2124 Tenure: Leasehold Council Tax Band: B EPC Rating: C Heating Type: All electric Parking.
Unallocated Mobile Strength: Data Provided by Ofcom EE - Likely to have good coverage and multimedia support. Three - Likely to have good coverage and multimedia support.
O2 - Likely to have good coverage and multimedia support. Vodafone - Likely to have good coverage and multimedia support.
Broadband Strength: Data Provided by Ofcom Standard 17 Mbps/1 Mbps Superfast 248 Mbps/37 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.
Value & comps
No previous sales on record.
Returns
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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 11 Alexandra Lodge, Monument Hill, Weybridge
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