1-bedroom house · KT22 8RJ
For saleListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This wonderful retirement flat comprises a spacious and relaxing reception room with a southern aspect, a large fully fitted kitchen with window and washing machine, principal bedroom with built-in wardrobe, a modern walk-in shower room and three storage cupboards off the entrance hall.
The apartment is located on the 1st floor, offering a sense of security as well as having a southern aspect, making it naturally bright throughout.
This attractive development is set back away from the road and consists of 47 one and two-bedroom apartments.
The development additionally benefits from both private parking to the rear and well maintained large gardens, on-site management, an owners` lounge with kitchen and a guest suite.
Ashcroft Place also offers covered storage bays and charge points for mobility scooters and a limited number of flats benefit from private storage cupboards.
Conveniently, Leatherhead town centre is only a short distance away along Epsom Road.
Set on the banks of the Mole river and on the fringes of Greater London, Leatherhead was redeveloped and pedestrianised in the 1980s to be built around the combined theatre and cinema at its centre.
Now a large shopping district, Leatherhead offers a wide selection of shops ranging from Sainsbury`s and Lidl to the Swan shopping centre with its variety of stores.
A new town centre plan is also under discussion. The area also benefits from an abundance of green space, and with Box Hill just to the south, the picturesque Surrey countryside is never far away.
Leatherhead offers good transport links, with the M25 to the north offering excellent access to the motorway system, and Leatherhead station providing trains to London, including London Bridge, Waterloo and Victoria, and to the south, to Dorking, Horsham and Guildford.
Key Information: • Service Charge: £3,156 Per Annum • Ground Rent: £295 Per Annum • Ground Rent Review periods: TBC • Lease Expiry Date: 1st Jan 3005 • Tenure: Leasehold • Council Tax Band: D • EPC Rating: B • Heating Type: All electric • 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 16 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.
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 Ashcroft Place, Leatherhead
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