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See how verdicts work2-bedroom flat · RH16 2PE
Sold STCListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £250,000 - £275,000 *PLEASE WATCH VIEWING VIDEO* 2 Double Bedroom ground floor maisonette situated in a tucked away and central village location. MODERNISATION REQUIRED.
An excellent opportunity to create your own home and available with NO CHAIN . Private front door into Entrance Hall storage cupboard housing consumer unit.
Bay fronted Sitting / Dining Room feature gas fireplace and TV/Telephone points. Bedroom 1 built-in double wardrobes and rear window. Bedroom 2 useful deep storage cupboard and front window.
Re-fitted white Shower Room walk-in tiled cubicle, Mira shower unit, low level WC, wash basin, heated towel rail and opaque rear window.
Kitchen / Breakfast Room fitted units, space for domestic appliances, sink unit, ‘Worcester’ gas fired combination boiler, window and door to rear.
Gas fired central heating to radiators and uPVC double glazed windows. Outside - areas of communal lawned gardens with paved Seating Areas and Residents Parking Area .
Walking distance of the picturesque village High Street, Common, Pond and Schooling. Leasehold: 125 years from 24th June 2001.
Service Charge: approx £288.56 + Ground Rent: £25.00 + Reserve Fund: £50.00 (all per quarter). Payable to Hamways Limited, Hamways House, 104 Station Road East, Oxted, Surrey, RH8 0QB – Tel: ).
EPC Rating: C Communal Garden Areas of communal gardens with seating areas.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 The Welkin, Lindfield, RH16
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