1-bedroom house · GU18 5XQ
Listing removedListed 452 days
Opportunity summary
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About
A well presented and spacious one bedroom first floor retirement flat for the over 55’s with lovely front views.
The flat is situated in a private building at the front of this small quality development and is only a short walk of Lightwater village shops and its amenities.
Offering a large lounge/dining room with attractive front views overlooking the front entrance, parking area, communal gardens and the trees of the Heronscourt lake area beyond.
There is a double bedroom, a good size kitchen with room for a small two seater table and a bathroom. There are UPVC double glazed windows and the flat has electric heating.
Oakleigh enjoys well maintained and attractive grounds with lawn, mature shrubs and flower borders and there is residents car parking.
Local information: Conveniently located within about a third of a mile and about a few minutes walk to the village with its good range of shops, Post office, Cooperative supermarket, The Red Lion pub/restaurant, Randall’s cafe and wine bar, a library and various hot food takeaways.
The M3 at junction 3 is about one mile distance away and provides excellent links to the West country, South coast, London and Heathrow airport which is only 19 miles away (distances and times are approximate).
A communal front door and entrance leads to stairs to first floor, electric meter, door to the flat: Entrance hall: Entry phone system, airing cupboard with hot water tank, linen shelves and electric fuse box, further storage cupboard, loft access hatch, artex ceiling.
Lounge/dining room: 16’1 x 15’5 (4.90m x 4.70m).
A spacious room with attractive wide double glazed windows overlooking the front entrance of Oakleigh, electric storage heater, further Dimplex electric storage heater, coved and artex ceiling, TV point.
Kitchen: 12’5 x 5’8 (3.78m x 1.73m).
Range of base and wall cupboards, worktops with tiled splash backs, unit under lighting, Dimplex electric heater, stainless steel sink unit with mixer tap, double glazed window with front aspect view, space for a washing machine and space for an upright fridge/freezer, built-in Bosch oven, four ring electric hob and cooker hood above, vinyl flooring.
Double bedroom: 11’9 x 11 (3.58m x 3.35m). An excellent size double bedroom with a double glazed window, coved and artex ceiling, electric heater, fitted wardrobe.
Bathroom: Fully tiled walls, panel enclosed bath with hand shower, wash basin, low level WC, towel rail, mirrored bathroom cabinet, Dimplex fan heater, extractor fan, vinyl flooring, artex ceiling.
Outside: Communal gardens: The gardens are well maintained and laid to lawn with flower and mature shrub borders. Parking: There is a residents and visitors car park.
Leasehold information Ground Rent: Included in service charge Service Charge: £3,215 pa (£267.93 per month) including the buildings Insurance, water rates, repairs to electric heaters, power points, lighting switches and water taps.
Term: 999 years from 7 August 1989 Years Remaining: 963 approximately council tax band: C (£2,226.22 payable for year 2025/26).
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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
FAQ
About 12 Oakleigh, Lightwater Road, Lightwater
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