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See how verdicts work1-bedroom house · SM3 8HH
Sold STCListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nicholls Residential are delighted to bring to the market this 1980's built, age restricted, over 55's, retirement flat offering no forward chain.
The property comprises of an entrance hall with two cupboards, lounge, kitchen, bedroom with build in wardrobes and a shower room.
The block benefits from a security entry system, emergency cords in rooms should assistance be required, internal lift servicing all floors, communal lounge and kitchen for the residents to use, a communal garden and residents/visitors parking area.
The property is situated with access for North Cheam which has shopping parades and transport links to other towns including Central London.
Agents note: Please be advised that this property is subject to a grant of probate.
Hall Lounge 5.51m x 3.14m (18' 1" x 10' 4") Kitchen 2.28m x 2.21m (7' 6" x 7' 3") Bedroom 4.34m x 2.72m (14' 3" x 8' 11") Shower Room 1.70m x 2.28m (5' 7" x 7' 6")
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
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 78 Wordsworth Drive, North Cheam, Surrey. SM3
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