2-bedroom flat · SW19 3HY
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom retirement apartment located on the first floor " At Old School Close leasehold retirement development, we offer 8 one bedroom and 24 two bedroom purpose-built properties for sale for people over the age of 60.
The development is situated close to Wimbledon and has excellent transport links to London.
The local shops are within 15 minutes’ walk and include supermarkets, a post office, library, hairdressers and cafes. There are doctors’ surgeries in both Wimbledon and Raynes Park.
Other local amenities include St Mary’s Church and the John Innes Park.
In addition to each individual private property, all Anchor estates offer some shared facilities, available for the use and enjoyment of all the residents, and managed and maintained by Anchor.
At Old School Close we provide an on-site laundry, well maintained landscaped gardens, a guest room and 13 parking spaces.
The estate manager is a visiting manager on-site to offer help, advice and co-ordinate any services provided. "
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
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FAQ
About 29, Old School Close, Melrose Road
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