2-bedroom flat · WR14 1US
Listing removedListed 231 days
Opportunity summary
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About
We are pleased to present to the market this spacious two bedroomed ground floor apartment in good order throughout boasting views over the delightful communal gardens and the common.
The accommodation in brief comprises spacious hallway with doors off to the lounge/diner, both bedrooms and shower room.
The kitchen is accessed from the lounge/diner and comprises a range of base and eye level units, work surface over, electric oven and hob with extractor hood over, space for fridge/freezer and dishwasher, tiled splashbacks, sink unit with mixer tap.
Spacious lounge with fireplace, room for a table and chairs, door to side directly opening on to the garden. Door opens to the kitchen.
Both light and airy bedrooms are doubles, the master with built in wardrobe.
The shower room has low level WC, vanity wash basin with cupboards under, shower cubicle with shower screen and sliding doors, heated towel rail.
There is off road parking and delightful well maintained communal gardens. Number 4 has the benefit of a door opening directly from the apartment to the gardens.
Elgar Lodge is a delightful development of 33 one and two bedroom retirement apartments located in the picturesque spa town of Malvern.
The Lodge is named after the English composer Sir Edward Elgar who lived in Great Malvern for many years and took inspiration for much of his music from the beautiful Malvern Hills.
The development is ideally situated for Malvern Link shopping centre with a range of shops, restaurants, cafés, hairdressers, barbers, charity shops and nail bars.
Elgar lodge is not far from Great Malvern town centre with a wider range of unique mix of high street shops, boutiques, and a superb selection of restaurants, pubs and café’s providing everything from traditional tea rooms to fine dining.
Elgar lodge is also not far from Barnards Green town centre, and you will also find locally grown produce at the farmer’s markets, antiques, arts and crafts, bookshops and at the bottom end of Malvern Link is the Malvern Shopping Park that provides a range of larger department stores and a supermarket that caters for all your shopping needs.
Local transport is excellent with regular buses into the town and surrounding areas including Worcester.
Malvern Link railway station is right behind the lodge and allows for rail travel across the country. The Lodge is also well connected to the UK motorway network.
Elgar Lodge’s manager is on hand throughout the day to support the residents and keep the development in excellent working order.
They arrange many regular events in the Owners’ Lounge from coffee mornings to games afternoons. A Guest Suite is available for your friends and family to stay in.
In addition, you are entitled to use of the Guest Suites at all Churchill Retirement Living developments across the country. Elgar Lodge has been designed with safety and security at the forefront.
The apartment has an emergency Careline system installed, monitored by the onsite Lodge Manager during the day and 24 hours, 365 days a year by the Careline team.
Careline integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Elgar Lodge requires at least one apartment resident to be over the age of 60 with any second resident over the age of 55. The property is offered for sale with no onward chain.
HALL KITCHEN LOUNGE/DINER BEDROOM ONE BEDROOM TWO SHOWER ROOM COMMUNAL GARDENS LEASEHOLD INFORMATION: Tenure: We understand subject to legal verification that the property is leasehold, the lease end date is 01/04/2126.
The annual service charge is £4742 and the current annual ground rent is £928. The managing agents are Millstream Management and the freeholder is Churchill Retirement Living Ltd.
Value & comps
No previous sales on record.
Returns
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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.
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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.
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About Elgar Lodge, Howsell Road, Malvern, Worcestershire, WR14 1US
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