1-bedroom property · BR6 8NE
Sold STCListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE. One bedroom ground floor retirement flat with patio doors and seating area. Convenient for shops and amenities in Locksbottom.
This ground floor retirement flat is situated in phase 2 of popular Summerlands Lodge and boasts a private patio just outside the sitting room overlooking the communal gardens creating an ideal spot to sit and enjoy the outdoors.
Being positioned on a corner of the building it has the added benefit of windows in the kitchen and sitting room.
The accommodation comprises a double aspect sitting room with space for a small dining table, kitchen with a range of fitted wall and base units, a double bedroom and a three piece shower room with walk-in shower.
Summerlands Lodge is conveniently located for bus routes, local shops and supermarkets in nearby Locksbottom and the PRU Hospital.
The development benefits from a warden, 'Care Line' emergency pull cords, entryphone system and lift, in addition to the many communal facilities such as residents lounge and laundry room.
There are communal gardens with seating areas and a guest room is available for visitors.
We are instructed by an executor who has limited knowledge of the property, therefore we have used our best endeavours to include all material information in the property particulars, however, please be advised that you should make your own independent enquiries.
Broadband and Mobile Coverage For broadband and mobile phone coverage at the property in question please visit: checker.ofcom.org.uk/en-gb/broadband-coverage and checker.ofcom.org.uk/en-gb/mobile-coverage respectively.
IMPORTANT NOTE TO POTENTIAL PURCHASERS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact and a buyer is advised to obtain verification from their own solicitor or surveyor.
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
Agent & docs
FAQ
About Farnborough Common, Orpington, Kent, BR6
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