1-bedroom house · SM6 0BL
Listing removedListed 124 days · slow let
Opportunity summary
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About
A well-presented one-bedroom retirement apartment exclusively for residents aged 70 and over. The property features a private balcony, a bright and comfortable living area, and a modern kitchen.
There is a spacious bedroom and accessible wet-room bathroom.
The apartment is located on the first floor and benefits from a private balcony directly off the newly carpeted reception room, a modern fully fitted kitchen with window and integrated appliances, double bedroom with walk in fitted wardrobe, fully tiled wet room, and storage cupboard off the spacious entrance hall and is offered in excellent condition throughout with the advantage of under floor heating.
Elles House is situated in the heart of Wallington and is in immediate proximity of the Jubilee health centre and Shotfield medical practice, Kamsons pharmacy (open until 19:00hrs), High Street and an assortment of shops, restaurants and other services including public transport.
The development itself benefits from 24 hour on site care, fully serviced restaurant for daily three course lunch and can provide a sandwich supper (at additional cost), residents lounge, guest suite for family and friends, laundry room, communal lifts gated parking and beautiful private landscaped gardens.
Parking is subject to availability on a first come, first served basis via an annual permit scheme at a charge of estimated £250pa. Notice All photographs are provided for guidance only.
Redress scheme provided by: Property Redress Scheme (PRS004061) Client Money Protection provided by: DPS (1555611)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Elles House, Wallington
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