2-bedroom house · SM6 0BL
For saleListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom corner apartment is located on the first floor of one of Wallington`s most sought-after retirement developments for persons aged 70 and over.
The apartment offers well proportioned accommodation throughout and benefits from a bright dual-aspect reception room with direct access to a private balcony, providing a pleasant outlook and plenty of natural light.
The modern fitted kitchen enjoys a window and is equipped with a range of integrated appliances.
The principal bedroom is generously sized and features a walk-in wardrobe, while the second bedroom is also a comfortable double, ideal for guests, a study or additional living space.
The accommodation is completed by a fully tiled walk-in shower room, a separate WC, and two large storage cupboards located off the entrance hall, providing excellent practical storage.
This well presented apartment forms part of a highly regarded retirement development and offers comfortable, low maintenance living in a convenient Wallington location.
Elles House is situated in the heart of Wallington and is in immediate proximity of the Jubilee health centre and Shotfield medical practice, Kamsons pharmacy (open until 19:00hrs), High Street and an assortment of shops, restaurants and other services including public transport.
The development itself benefits from 24 hour on-site care, a fully serviced restaurant for daily three course lunch and can provide a sandwich supper (at additional cost), a residents` lounge, guest suite for family and friends, a laundry room, communal lifts, gated parking and beautiful private landscaped gardens.
Parking is subject to availability on a first come, first served basis via an annual permit scheme at a charge of £250 pa.
Key Information: • Service Charge: £15,098.64 Per Annum • Ground Rent: £510.00 Per Annum • Ground Rent Review periods: TBC • Lease Expiry Date: 1st Jan 2140 • Tenure: Leasehold • Council Tax Band: D • EPC Rating: B • Heating Type: Under Floor Heating • Parking: Subject to Permit availbility • 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 17 Mbps/1 Mbps Superfast 71 Mbps/16 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.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Elles House, Wallington
Explore nearby