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See how verdicts work1-bedroom house · SM3 8AF
For saleListed 110 days
Opportunity summary
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About
A spacious one-bedroom apartment situated on the second floor of Cheyham Park, a highly desirable retirement development in Cheam for residents aged 55 and over.
The accommodation comprises a welcoming entrance hall with useful large storage, leading through to a spacious reception room with an open-plan modern kitchen.
The room enjoys a lovely south-west facing aspect with a window overlooking Nonsuch Park, creating a bright and attractive living space.
The kitchen is well laid out and, being positioned on the second floor, also benefits from a skylight which allows additional natural light into the room.
The principal bedroom is a good-sized double with built-in wardrobes, while the walk-in wet room benefits from Jack and Jill access from both the entrance hall and the bedroom.
A particular feature of the property is its attractive outlook over the beautiful Nonsuch Park, something enjoyed by only a limited number of apartments within the development.
The south-west facing aspect further enhances the bright and welcoming feel throughout.
Offered in excellent condition being newly decorated, this well-presented apartment is ready for its new owner to move in and make it their home.
Cheyham Park is a modern and well-regarded retirement development, ideally positioned just a short walk from Cheam Village High Street and the wide range of amenities it has to offer.
Constructed in 2014, the development comprises 131 apartments, offering a mix of one and two-bedroom homes set across several attractive buildings, thoughtfully arranged within well-maintained grounds.
The development is exclusively for residents aged 55 and over, with both cats and dogs generally permitted (subject to approval).
Residents benefit from excellent communal facilities, including a main lounge located in Bethell Court with direct, secure access to the renowned Nonsuch Park, as well as a secondary lounge in Fitznell Court, both available for all residents to enjoy.
Additional amenities include lift access to all floors, a laundry room, guest suite, conservatory, landscaped gardens, and dedicated mobility scooter storage.
The development also offers non-resident management staff and a 24-hour Careline system for added peace of mind, alongside a well-established and active social community.
In terms of parking, the development operates a first-come, first-served parking permit scheme, whereby residents may be allocated a parking space subject to availability.
Please note that the flats are not sold with an allocated parking space. When a resident gives up a permit, this is offered to the next person on the waiting list.
If a permit is not immediately available, there is some additional street parking within the development and on the surrounding roads.
Key Information: • Service Charge: £3,289.80 Per Annum • Ground Rent: N/A • Ground Rent Review periods: TBC • Lease Expiry Date: 21st June 2139 • Tenure: Leasehold • Council Tax Band: C • EPC Rating: C • Heating Type: Electric Central Heating • Parking: Permit - Subject To Availbility Please note: The current owner holds a 60% share of the leasehold interest, with the asking price of £180,000 reflecting this share.
We understand that the property will be staircased to 100% ownership upon purchase, subject to the terms of the lease and confirmation by the buyer`s solicitor.
• Mobile Strength: Data Provided by Ofcom EE - Good outdoor and in-home Three - Good outdoor and in-home O2 - Good outdoor, variable in-home Vodafone - Good outdoor, variable in-home • Broadband Strength: Data Provided by Ofcom Standard 15 Mbps/1 Mbps Superfast 80 Mbps/20 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
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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
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See projected short-stay revenue vs a vanilla BTL for this property.
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