1-bedroom flat · SL5 8DH
Sold STCReduced £20k (−10%) on 21 AugListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rare one-bedroom ground floor apartment in Ascot with private entrance and parking, offering excellent renovation potential.
A rare opportunity to acquire a one-bedroom ground floor apartment with its own private entrance, ideally positioned on the sought-after London Road, Ascot.
Offered to the market for the first time since 1995, this property presents an exciting opportunity for purchasers seeking a home they can modernise and personalise to their own tastes.
Situated within a small residential development set back from the main road, the apartment enjoys a tucked-away position whilst remaining conveniently located for Ascot's excellent amenities, transport links, and local attractions.
The accommodation comprises an open-plan kitchen/living room, providing a versatile living space with excellent scope for redesign and improvement.
There is a well-proportioned double bedroom and a bathroom, with the overall layout offering an ideal footprint for a comprehensive refurbishment project.
Externally, the property benefits from an allocated parking space and communal grounds.
The development's position away from the road creates a pleasant setting, whilst still providing easy access to nearby shops, restaurants, and commuter routes.
Requiring full modernisation throughout, this apartment represents a fantastic opportunity for first-time buyers looking to get onto the property ladder, investors seeking a buy-to-let opportunity, or developers searching for a project with significant potential.
With properties in Ascot continuing to attract strong interest, this is a chance to add value and create a desirable home in a highly regarded location.
The property is offered with a lease term of 125 years from 24 June 1988, with approximately 87 years remaining.
Ascot is renowned for its excellent range of amenities, including boutique shops, cafés, restaurants, and leisure facilities, as well as its world-famous racecourse.
The area also benefits from excellent transport connections, with Ascot railway station providing services to London Waterloo and Reading, whilst nearby road networks offer convenient access to the M3, M4, and M25.
An internal viewing is highly recommended to fully appreciate the potential this property has to offer.
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
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FAQ
About 3 Lakeview,, London Road, Berkshire
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