2-bedroom house · SW19 3JW
Under offerListed 140 days
Opportunity summary
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About
A unique two-bedroom penthouse apartment situated within Andridge Court, a popular retirement development in Wimbledon exclusively for those aged 60 and over.
The property is the only two-bedroom apartment within the development and offers a rare opportunity for a buyer to create a superb home to their own taste, with the apartment now requiring renovation throughout.
One of the standout features of the property is the two private terraces.
The main terrace is accessed directly from the principal living space, where large floor-to-ceiling windows allow an abundance of natural light into the room and create a bright, open feel.
This terrace enjoys an easterly aspect, overlooking the rear gardens and tree-lined roads beyond.
The accommodation comprises a large reception room with open-plan kitchen, two bedrooms, both with built-in wardrobes and access to the second terrace, a family bathroom, an additional WC, and four storage cupboards off the entrance hall.
The second terrace can be accessed from both bedrooms, which also benefit from floor-to-ceiling windows, further enhancing the sense of light and space throughout the apartment.
While the other apartments on the same floor are one-bedroom flats with terraces, this is the only apartment to offer both two bedrooms and two private outside spaces, making it a particularly rare offering within Andridge Court.
The property offers excellent potential and is ideal for someone looking to refurbish and personalise a spacious retirement apartment in a sought-after Wimbledon development.
Andridge Court is a unique development on Church Lane, itself a lovely tree-lined road in Merton Park.
The development boasts well maintained communal gardens, ample parking for residents & Guests and residents` facilities, including on-site management, lounge, laundry and guest suite.
It is set just off Kingston Road and benefits from easy access into Wimbledon Town centre, whilst at the same time providing owners with a tranquil setting surrounded by similar leafy surburban roads.
The development also benefits from plenty of transport options such as Wimbledon Mainline Station, South Wimbledon Underground Station, Merton Park Tram Station and several Bus routes are all within easy reach for external travel links.
Andridge Court consists of 36 one and two-bedroom apartments with two residents` lounges, a laundry room, guest suite, private gated parking, well maintained gardens and daily management provided by the on-site manager.
Key Information: Service Charge: £4,045.70 Per Annum Ground Rent: N/A Ground Rent Review periods: N/A Lease Expiry Date: 30th June 2109 Tenure: Leasehold Council Tax Band: C EPC Rating: C Heating Type: All electric Parking: Unallocated Mobile Strength: Data Provided by Ofcom EE - Likely to have good coverage and supports multimedia.
Three - Limited coverage O2 - Limited coverage Vodafone - Limited coverage Broadband Strength: Data Provided by Ofcom Standard 18 Mbps/1 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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Short-let restrictions apply
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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.
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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