1-bedroom flat · DA12 1PL
For saleReduced £5k (−10%) on 14 SepListed 649 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom assisted living retirement apartment located on the second floor with far reaching river views Nelson Court, McCarthy & Stone's Assisted Living development of one and two bedroom apartments offers residents the prospect of continued independence in a secure environment.
Nelson Court comprises 61 properties arranged over 5 floors each served by lift.
In addition to an Estates Manager there is a team of Assistant Estate Managers who between them provide 24 hour coverage.
One hour a week of domestic help is provided for the residents in each apartment (included in the service charge). Additional domestic help can be purchased separately as required.
It is a condition of purchase that the residents be over the age of 60 years or 60/55 if a couple.
Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Accommodation Front door with letter box and spy hole leads to the: Entrance Hall Illuminated light switch.
Airing cupboard with hot water tank and immersion heater, storage space, shelving and electric meters. Security door entry system and emergency intercom. Ceiling light point. Emergency pull cord.
Living Room Fire surround with electric fire. Light switch. Electric slim line heater, with booster control. TV aerial point, telephone socket. Ceiling light point. Emergency pull cord. Coved ceiling.
Single door with glazed panels lead to the: Kitchen With Window Tiled and fitted with a range of wall and floor cupboards. Stainless steel sink with single drainer, easy-grip lever mixer tap.
Work tops. Built-in electric hob with overhead extractor hood and separate fan oven. Integrated refrigerator and freezer. Ceiling light point. Fan heater, emergency pull cord.
Bedroom Illuminated light switch. Built in wardrobe. Electric slim line heater. Telephone socket. Emergency pull cord. Ceiling light point. Coved ceiling.
Bathroom Tiled and fitted with suite comprising bath; emergency pull cord; walk-in shower. WC with low level flush; vanity unit: Easy-grip lever taps. Electric wall heater. Extractor fan.
Heated towel rail.
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
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FAQ
About 42, Nelson Court, Windmill Hill
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