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See how verdicts work1-bedroom flat · BR6 8NE
No longer listedListed 524 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Kenton are delighted to present this 1 bedroom second floor (with lift access available) retirement flat, situated within the ever-popular Summerlands Lodge development, located within walking distance to Locksbottom High Street and its range of amenities and transport links.
The living room is well proportioned and opens to a contemporary fitted kitchen. The bedroom is of double size and features ample-sized built in wardrobes with sliding doors.
Furthermore there is a contemporary shower room. The flat has been very well maintained by the previous owner and is presented in good condition with neutral decoration throughout.
Externally, there are attractive and tranquil communal grounds which offers pleasant areas to relax and socialise. Additionally there are ample communal parking spaces for both residents and visitors.
Additional amenities on offer to residents are, warden assistance (with emergency pull cord to every room), a communal lounge to socialise, a laundry and a Guest Suite for friends and family to stay overnight when visiting.
Locksbottom High Street and it's wide variety of shops, eateries and facilities are within walking distance, easily accessible bus stops are located nearby.
This property is marketed with no onward chain. Lease & associated charges details; Kenton understands the lease term is 85 years which is in the process of being extended to 175 years.
Kenton understand that there is a ground rent payable equating to £150.00 per annum. Kenton understands that there is a service charge payable equating to £2,940.00 per annum.
Hallway: 11'1" x 3'2" (3.37m x 0.96m) , Coved ceiling, built-in storage cupboard (featuring shelving), covered electric heater, fitted carpet.
Living Room: 17'4" x 11'1" (5.28m x 3.38m) , Double glazed window to rear (overlooking communal grounds and building entrance), coved ceiling, feature fireplace with wooden surround, electric heater, fitted carpet.
Kitchen: 6'12" x 11'0" (2.13m x 3.36m) , Range of matching wall and base units with cupboards and drawers, work surfaces with splashback tiling, stainless steel 1 & 1/2 bowl sink unit, space for cooker, space for under-the-counter fridger, space for under-the-counter freezer, extractor fan, vinyl flooring.
Bedroom: 13'3" x 10'1" (4.03m x 3.07m) , Double glazed window to rear (overlooking communal grounds and building entrance), built-in wardrobes with sliding doors, electric heated, fitted carpet.
Shower Room: 7'0" x 6'5" (2.14m x 1.96m) , Tiled walls, corner shower cubicle, low level W.C & wash hand basin in vanity unit, fitted storage cabinet, airing cupboard (housing hot water cylinder & cold water tank) extractor fan, vinyl flooring.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 33 Summerlands Lodge, Farnborough Common, Orpington
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