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See how verdicts work2-bedroom house · KT20 5LN
For saleListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase an 80% equity share of the leasehold interest in this well-proportioned two-bedroom first floor apartment, located within the popular Rowan Mead development for persons aged 60 and over.
The apartment comprises a spacious reception room enjoying a pleasant south-facing outlook across the development, a generous kitchen with window, a principal bedroom with built-in wardrobes, a second bedroom, bathroom, and useful storage cupboard off the entrance hall.
Rowan Mead is a well-regarded retirement development offering a peaceful setting, with residents` and visitors` parking, attractive communal grounds, and on-site management.
Rowan Meads benefits from communal laundry room and plentiful residents and guests parking.
In addition, maintenance and security is kept to a high standard by an on-site Manager and there is a central alarm system available 24/7 which can be called for emergency assistance as needed, and who arranges frequent social gatherings for the residents.
Residents can also enjoy a short stroll to Tadworth Leisure Centre with pool and gym, and the local allotments and the wide spaces of Epsom Downs are nearby, thereby promising an active lifestyle within a thriving retirement community.
Please note that the apartment has a minimum age restriction and is being sold with 80% of the leasehold.
• Service Charge: £2,347.00 Per Annum • Ground Rent: £24.00 Per Annum • Ground Rent Review periods: TBC • Lease Expiry Date: 15th Oct 2107 • Tenure: Leasehold - £225,000 for 80% Equity Share.
• Council Tax Band: C • EPC Rating: C • Heating Type: Electric Heaters • 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 6 Mbps/0.7 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.
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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 Rowan Mead, Tadworth
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