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See how verdicts workStudio flat · SM6 9BE
Listing removedListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Retirement Flat being sold as either an Investment “Buy To Let” Purchase - With Tenant In Situ or Available To Buy to Live In.
Kenyons are pleased to offer for sale this well presented ground floor studio retirement flat which forms part of this popular retirement block.
We have also been informed that the development accepts new residents from the age of 60.
The development benefits from a good size communal lounge with kitchen area and conservatory leading to the well-kept communal gardens to the rear of the block.
The flat itself has a good size studio room, kitchen and bathroom. Benefits include a combined security entry system and a 24-hour emergency call system.
The block is located within easy reach of Wallington town centre which offers a wide range of amenities including shopping and transport facilities with various bus routes and a mainline train station.
Also within walking distance is the Jubilee Health Centre at Shotfield, Wallington. Viewing recommended. Investment/rental: The property is currently rented out.
The seller is ideally looking to sell the property as an investment with the tenant in situ. The current tenant is paying £700 per annum. Please contact us for further details.
* communal entrance halls * entrance hall * spacious studio room * * kitchen * bathroom * double glazed windows * electric heating * * resident's lounge with kitchen area and conservatory * * communal gardens * resident's parking area * viewing recommended * no chain * accommodation: Communal entrance halls: Being carpeted.
Entrance hall: Entry system, wall mounted heater . Studio room: 20'9 x 17'6. Double glazed window having front aspect, walk-in storage cupboard/wardrobe with mirror doors housing hot water tank.
Kitchen: 7'4 x 6'0: Fitted with a range of base and eye level units, worksurfaces, sink unit, tiled splashbacks, space for cooker with extractor hood above, space for fridge/freezer, space for washing machine, tiled splashbacks, double glazed window to side.
Bathroom: 5'10 x 6'0. With coloured suite including bath with mixer tap with shower attachment, further electric shower over bath, low flush w.c, wash hand basin, extractor fan, part tiled walls.
Communal/residents areas: Lounge with kitchen area: With plenty of seating, fireplace, wall mounted heaters, wall mounted TV, doors to conservatory.
The kitchen area has a range of base and eye level storage units, work surfaces, sink unit. Conservatory: 20'0 x 12'8. Double glazed windows and doors leading to the garden and parking area.
Communal gardens & parking area: Well maintained communal gardens located at the rear of the block with lawn areas, flowerbeds and patio., timber storage shed available to use for mobility scooters.
Path leading to parking area.
Tenure: Leasehold - We have been informed by the seller that the property is leasehold with a lease of 125 years from 1989 and therefore has approximately 88 years remaining.
Current Service and Ground Rent Charge tbc. However prospective purchasers are advised to check these details with their solicitors.
Agents note - investment/rental: The property is currently rented out. The seller is ideally looking to sell the property as an investment with the tenant in situ.
The current tenant is paying £700 pcm. Please contact us for further details.
Notice to purchasers: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings.
We would advise purchasers to satisfy themselves as to their condition.
Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.
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
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FAQ
About 17, Stafford Road, Wallington
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