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See how verdicts work1-bedroom flat · GU18 5RY
For saleReduced £15k (−8.3%) on 7 JulListed 338 days
Opportunity summary
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About
A one bedroom first floor apartment located in the age specific development of Passfield Lodge, Lightwater.
The accommodation includes a living room, a kitchen with a window, a master bedroom with a built-in wardrobe, and a wider than average hallway off which there is a shower room, and a large storage cupboard.
Passfield Lodge is an impressive modern wheelchair-accessible development, built and completed in 2006 and made up of 24 one and two-bedroom apartments.
Set over three lift-accessible floors and constructed by Churchill Retirement Living.
The development is situated in Lightwater village centre, close to all local amenities like; shops, doctors and pharmacy.
The development facilities include; a Lodge Manager (Monday - Friday), an Owners' Lounge, laundry facilities, a guest suite, a welcoming reception area, a well-kept communal garden with outdoor seating, and a private car park for owners and visitors.
For added peace of mind, all apartments are fitted with a 24-hour Careline system for safety and security should any residents have concerns after lodge manager hours.
There are a number of weekly events and social activities, which include coffee mornings, lunches, and music and film afternoons.
Lightwater is mainly residential and a thriving village centre that includes full medical facilities, a veterinary surgery, a supermarket, a post office, a library, and other retail stores.
The village has excellent leisure facilities, including its own country park, nature trail, and leisure centre.
Key Information: • Service Charge: £3,455.93 Per Annum • Ground Rent: £662.42 Per Annum • Ground Rent Review periods: Tbc • Lease Expiry Date: 1st March 2131 • 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 - Likely to have good coverage and supports multimedia.
O2 - Likely to have good coverage and supports multimedia. Vodafone - Likely to have good coverage and supports multimedia.
• Broadband Strength: Data Provided by Ofcom Standard 14 Mbps/1 Mbps Superfast 62 Mbps/14 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
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
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FAQ
About Apartment 19, Passfield Lodge, Guildford Road, Lightwater
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