2-bedroom flat · KT12 2FR
For saleReduced £50k (−10.5%) on 21 JunListed 411 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor, two bedroom apartment, in this modern assisted-living development in Edward Place in Walton town centre exclusive to those aged 70+ which offers many benefits to retirement living with a manager on site 24/7, a communal club lounge and Bistro and a hairdressing salon.
The apartment is situated on the second floor and consists of a large bright south-facing reception room with views over the beautiful landscaped gardens, a modern fitted kitchen, Master bedroom with a large built-in wardrobe, a fully tiled walk-in shower room and a good sized storage room off the entrance hall.
Edward Place comprises a selection of 51 one and two bedroom apartments, with flexible care and support packages available to suit your needs.
Benefits from a dedicated, friendly Estates Management team on-site 24 hours a day providing peace of mind for homeowners.
Stylish facilities include an elegant club lounge and bistro to socialise with neighbours serving nutritional hot and cold food daily, courtyard landscaped gardens maintained to a delight throughout the seasons and a salon in which you can book an array of beauty treatments from manicures to having your hair done.
All of the apartments are accessible via a lift and there is also a communal laundry room located on the ground floor for all owners to use.
For buyers who are still driving, you can purchase a parking space upon request - subject to availability.
The local area; A retail and services hub within Surrey, Walton sits to the West of Molesey and East of Weybridge.
Bordering the River Thames, with a fast train into London Waterloo and the Thames Path National Trail spanning its boarders along the river, Walton caters to those looking for both suburban convenience and natural beauty.
Although the town centre is renowned for its cafes and large modern retail district, Walton is actually an old Celtic settlement that dates back to pre-Roman times.
However the new developments do not detract at all from the rich history of the area, with pretty parks, beautiful buildings, real ale pubs and old restaurants dotted conveniently around.
Key Information: Service Charge: £16,390.44 Per Annum Ground Rent: £510.00 Per Annum Lease Expiry Date: 30th April 3017 Tenure: Leasehold Council Tax Band: D EPC Rating: B Heating Type: All electric Parking: Purchase a parking space on request - subject to availability 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 - Likely to have good coverage and supports multimedia.
Broadband Strength: Data Provided by Ofcom Standard 19 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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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 24 Edward Place, Churchfield Road, Walton On Thames
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