2-bedroom house · SW19 1SS
For saleReduced £25k (−8.3%) on 23 MayListed 378 days
Opportunity summary
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About
This two-bedroom top floor apartment is for persons aged 55+ and is located within the desirable Cloister House development.
A two-bedroom top floor apartment within the desirable Cloister House retirement development for those aged 55 and over, ideally located just a short walk from Wimbledon Town Centre.
The property offers a spacious reception room with a west-facing aspect, leading through to a separate kitchen with a window.
There are two bedrooms, including a principal bedroom with built-in wardrobes, along with a bathroom and a large storage cupboard off the entrance hall.
Requiring modernisation throughout, the apartment presents an excellent opportunity for a buyer to refurbish and create a home to their own specification.
Further benefits include gas central heating and gated parking.
Cloister House is located only a 5 minutes` walk from Wimbledon town centre, and benefits from a resident on-site manager, private parking and private gardens.
Key Information: • Service Charge: £3,519.12 Per Annum • Ground Rent: £0.00 Per Annum • Ground Rent Review periods: N/A • Lease Expiry Date: 1st Nov 2086 • Tenure: Leasehold • Council Tax Band: D • EPC Rating: D • Heating Type: Gas Central Heating • Parking.
Unallocated • Mobile Strength: Data Provided by Ofcom EE - Likely to have good coverage and multimedia support. Three - Likely to have good coverage and multimedia support.
O2 - Likely to have good coverage and multimedia support.
Vodafone - Limited coverage • 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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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.
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