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See how verdicts work2-bedroom flat · CR2 8AY
For saleListed 707 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prices from £564,950 Exclusively for the over 60’s - a selection of brand new two bedroom retirement apartments, set in a charming development of 37 one and two bedroom retirement apartments with a beautiful secluded communal garden.
Located in the heart of Selsdon, close to the bustling High Street which has a wide range of retailers, a variety of restaurants and coffee shops, a large supermarket, a Library and Selsdon Hall which is a hub for the local community.
Regular buses service Selsdon and the surrounding areas, the train from Sanderstead main railway station provides direct trains to London Victoria.
Selsdon is a vibrant, leafy suburb located in Surrey with the Selsdon Wood Nature Reserve open to the public and a National Trust site, fondly known as ‘The Bird Sanctuary’, due to its many varieties of bird inhabitants making them a popular place for a gentle stroll.
The Lodge manager is on hand throughout the day to support the Owners and keep the development in perfect shape as well as arranging many regular events in the Owners’ Lounge from coffee mornings to games afternoons.
A guest suite is also available for your friends and family to stay in.
The development has been designed with safety and security at the forefront, the apartment has an emergency Careline system installed, monitored by the onsite Lodge Manager during the day and 24 hours, 365 days a year by the Careline team.
A Careline integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
These beautiful apartments come with a fully fitted kitchen, spacious living room, separate shower room and two large bedrooms with the master boasting an en-suite.
The kitchen has been designed for practicality, with integrated fridge/freezer and a waist-height oven to save bending down. There’s also an integral washer/dryer fitted.
The bedroom comes complete with fitted wardrobes as well as TV and telephone points. Call today for further information and to arrange your appointment to view. EPC Rating B.
*Cheese and wine event taking place on 28th April - call to book your place *Selection of two bedroom apartments *Communal Owners’ Lounge *Guest Suite for visiting family and friends to stay over *Landscaped grounds with patio and seating area *Close to local amenities *Residents parking *Secure Camera Entry System & lift to all floors *24 hour Careline support system & On Site Lodge Manager *Energy Efficient and Economical Heating Example Apartment Entrance Hall Doors to; Living Room (3.18m x 6.7m) Kitchen (1.83m x 3.07m) Bedroom 1 (3.43m x 4.88m) En-Suite Shower (2.06m x 1.7m) Bedroom 2 (2.84m x 5.28m) Shower Room (2.06m x 2.44m) Material Information Tenure Leasehold - Term: 999 years from June 2019.
Council Tax Band D. Service Charge £5,158.34 per annum - Includes building insurance. Reviewed annually. Ground Rent £625 per annum - Reviewed every 7 years and is linked to rpi (Retail Prices Index).
Broadband Up to 1000 Mbps. For more information please visit . Mobile Coverage Good for voice calls on Three and Vodafone, limited on EE and O2. Good for data on Vodafone, limited on EE, Three and O2.
For more information please visit . Age Restrictions Apply For the over 60's only, with any second Owner over the age of 55.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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
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FAQ
About 73, Addington Road, Surrey
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