1-bedroom flat · GU27 1HY
For saleReduced £10k (−10%) on 20 JunListed 2024 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom first floor retirement apartment benefitting from A lease extension Homegreen House was constructed by McCarthy & Stone (Developments) Ltd and comprises 51 properties arranged over 3 floors and served by lift to second floor.
The visiting Development Manager can be contacted from various points within each property in the case of an emergency.
The development is local to the Haslewey Community Centre, restaurants, hairdressers, local shops and library. Each property comprises an entrance hall, lounge, kitchen, one bedroom and bathroom.
It is a condition of purchase that residents be over the age of 60 years. Please speak to our Property Consultant if you require information regarding Event Fees that may apply to this property.
Accomodation Front door leads to the Entrance Hall With illuminated light switch, power point, ceiling light point.
Door to airing cupboard housing insulated hot water cylinder with cold water tank over, immersion heater, electric meters and storage space.
Living Room Electric night storage heater, power points, TV aerial point, security door entry system, emergency pull cord, wall light and ceiling light points.
An archway leads to the Kitchen Partially tiled and fitted with stainless steel sink unit, wall and floor cupboards with work tops. Built-in oven and space for refrigerator.
Power points and ceiling light point.
From the entrance hall doors lead to Bedroom Built in wardrobe with hanging rail and shelves above, illuminated light switch, electric night storage heater, power points, emergency intercom, ceiling light point.
Shower Room Partially tiled and fitted with walk-in shower and emergency push button; shower fitting over bath with curtain and rail; WC with low level flush; Vanity unit.
Ceiling light point, wall mounted electric heater, extractor fan.
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
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FAQ
About 36, Homegreen House, Haslemere
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