1-bedroom flat
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this well presented one bedroom ground floor apartment forms part of the established St.
Lukes Square development, approximately 0.4 miles from Guildford High Street.
The property benefits from allocated parking, visitors parking and attractive communal grounds, together with an unusual shared ownership arrangement.
The purchaser acquires a 75% share of the property, with the remaining 25% covered by the housing association, Heylo.
No rent is payable on the remaining share, providing an appealing opportunity for buyers seeking a conveniently located home close to the town centre.
The entrance hall provides useful storage and leads into a bright sitting/dining room, with wood-effect flooring and space for both comfortable seating and a dining table.
A window enjoys a leafy outlook, while an arched opening connects the room to the adjoining kitchen.
The kitchen is fitted with contemporary white gloss wall and base units, complemented by contrasting worktops and tiled flooring.
An integrated oven, hob and extractor hood are incorporated into the design, while a separate cupboard provides additional storage.
The double bedroom is attractively presented, with mirrored fitted wardrobes providing generous storage.
The accommodation is completed by a modern shower room featuring a walk-in shower with a glazed screen, a washbasin set within a vanity unit, a WC and a heated towel rail.
Outside, the development is arranged around landscaped communal grounds, with established trees, planted borders, pathways and seating areas creating an attractive setting.
Allocated parking is provided, with additional visitors spaces available. St.
Lukes Square is conveniently positioned for Guildford’s historic High Street, approximately 0.4 miles away, with its extensive selection of shops, cafés and restaurants.
The town also offers entertainment at G Live and the Yvonne Arnaud Theatre, while nearby Pewley Down provides access to scenic countryside walks.
Guildford’s railway stations offer connections to London Waterloo, and the A3 provides access to the M25 and wider motorway network.
Length of lease: 125 years from 1 January 1996 Service charge: £183.00 per calendar month Ground rent: £150.00 per annum
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About St. Lukes Square, Surrey
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