2-bedroom flat
For saleListed today
Opportunity summary
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About
Located on the first floor is this delightful two-bedroom apartment within the popular Kingston Lodge retirement development for persons aged 60+.
The apartment is offered in good condition throughout and benefits from a spacious reception room with a large bay window in the living room as well as a south-facing aspect allowing an abundance of natural light to flow through the flat, making this truly a wonderful place to be.
This flat has been well-loved and modernised by the current owner and consists of a large reception room, a kitchen with a window, a modern bathroom with walk-in shower, two double bedrooms with built-in wardrobes and a storage cupboard.
Kingston Lodge is set back from the main road with well-tended communal gardens at the front and rear.
This development was built in 1988 and is made up of 36 apartments in 2 blocks, with 2 semi-detached bungalows to the rear. The apartment blocks are set over 4 floors, all with lift access.
The development also benefits from a resident house manager, residents' lounge, laundry facilities and resident and guest parking.
As with many retirement complexes, there are optional social activities should any resident wish to participate.
Set within the urban area of New Malden with an excellent variety of local shops nearby, residents are well served by the many local public transport links to and from the city.
For those who drive, the A3 to London is also within easy reach.
Key Information: Service Charge: £4,080.80 Per Annum Ground Rent: N/A Lease Expiry Date: 1st April 2112 Tenure: Leasehold Council Tax Band: C EPC Rating: B Heating Type: All electric Parking: Unallocated Mobile Strength: Data Provided by Ofcom EE - Limited coverage Three - Likely to have good coverage and supports multimedia.
O2 - Likely to have good coverage and supports multimedia.
Vodafone - Limited coverage Broadband Strength: Data Provided by Ofcom Standard 16 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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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 Kingston Road, New Malden
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