3-bedroom flat · GU10 3PG
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within a well-regarded residential area in South Farnham, this well-proportioned top floor apartment offers bright and spacious accommodation, thoughtfully arranged to suit modern living while enjoying a calm and comfortable setting.
The property is accessed via a well-maintained communal entrance, with the interior immediately presenting a light and welcoming feel.
At the heart of the home lies a particularly impressive living/dining room.
It offers ample space for clearly defined seating and dining areas, with natural light enhancing the sense of openness and making this a highly sociable and inviting environment.
The kitchen is arranged in a practical configuration, offering a good range of cabinetry and dark granite work surfaces, with integrated appliances neatly incorporated.
The property offers three bedrooms, each well-proportioned and versatile in its use. The generous principal bedroom is especially appealing with its large built-in wardrobe and ensuite shower room.
Two further bedrooms provide flexibility for family living, guest accommodation, or a dedicated home office, depending on individual requirements.
Outside, the property further benefits from allocated off-street parking for two vehicles, in addition to well-maintained communal gardens, providing pleasant outdoor space for residents to enjoy and enhancing the overall lifestyle appeal.
There is also a secure communal storage area.
Throughout, the property has been well maintained, presenting a comfortable and cohesive interior that allows for immediate occupation, whilst still offering scope for a purchaser to enhance and personalise over time.
Leasehold: Approx. 106 years remaining Ground rent: £250 p/a Service charges: Approx.
£3,440 p/a Location: The property is situated in this prime, very popular and thriving area of Lower Bourne which is located to the South of Farnham.
There are local amenities in The Bourne including two public houses, local shop, chemist, doctors’ surgery, vet and village recreation ground with tennis courts, cricket and coffee shop.
The nearby Bourne Club offers tennis and leisure facilities and there is a David Lloyd gym in Farnham plus outdoor pursuits at Alice Holt Forestry Commission, The Bourne Woods and Frensham common/Ponds including walking, running, fishing, riding, sailing and biking.
The apartment is conveniently located to access many of the area's highly regarded government and private schools including the outstanding South Farnham infant and juniors, the high performing Weydon Secondary School and an excellent choice of private schools including, Frensham Heights, More House and Edgeborough Prep School.
Lower Bourne also benefits from two pre-school nurseries. The property is ideally placed to gain access to the centre of Farnham with its wide range of amenities as well as the railway station.
There are train services to London Waterloo within approximately an hour. Access to the M3 can be gained via the A331 and the A3 can be joined at Guildford via the A31.
Value & comps
No previous sales on record.
Returns
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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 School Lane, Lower Bourne, Farnham, Surrey, GU10
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