1-bedroom flat · BR6 8NE
For saleReduced £8.9k (−4.1%) on 24 SepListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this very well presented one bedroom retirement flat which benefits from an significantly extended lease and is chain free.
The accommodation comprises an entrance hallway with large storage cupboard leading to a spacious lounge/dining room.
Modern ivory kitchen with electric eye level oven, ceramic hob and extractor fan, slim-line dishwasher and fridge/freezer. There is also a refitted shower room.
Summerlands Lodge benefits from a spacious communal reception room with kitchen and washing room, plus resident Care Manager.
Furthermore, there is a guest room which is available to book for family and friends. Features include door entry system, Careline and key safe. There are two lifts in close proximity to the flat.
Communal sky digitial is also available. There are attractive well maintained communal gardens to enjoy and resident/guest parking.
Summerlands Lodge is conveniently located within walking distance to shops, Princess Royal Hospital, bus routes and access to the M25. Residents need to be aged 60 or over.
Your viewing is highly recommended Local Authority: Bromley Council Tax Band: C
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
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FAQ
About Flat 20, Summerlands Lodge,, Farnborough Common, Orpington
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