1-bedroom house · KT18 5DP
Sold STCListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a truly convenient location and set within a popular modern development, this one double bedroom, second floor retirement apartment is within 50 metres of Epsom High Street.
The property is very well presented and benefits further from a large living room that links to the separate kitchen and fitted wardrobes within the bedroom.
With easy access to the high street, with Ashley Centre shopping facilities, Marks and Spencer, Waitrose, and the railway station with excellent links to London, finding a better positioned property would be a difficult task indeed.
Benefiting from a warden manager and a 24hr emergency call system, this over 60's development is also very close to the open spaces of Rosebery Park and a short drive from the world famous Epsom Downs.
There is visitors parking to the rear and a permit for residents parking can be purchased for approximately £50 per annum.
EPC Rating: C Description Greenwood Court was constructed by McCarthy & Stone (Developments) Ltd in 2003 and comprises 35 properties arranged over 4 floors served by a lift.
All flats have pull-cord connections to 'CareLine' to provide 24 hour emergency support. The development offers a large communal lounge, kitchen and laundry room.
There is also a guest suite available to visitors of residents - arranged via the House Manager at a low fee.
Regular social activities include musical evenings, quizzes, bingo, weekly coffee mornings, daily afternoon tea, and outings in summer months, organised by Social Committee.
New residents accepted from 60 years of age.
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 The Parade, Epsom, KT18
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