1-bedroom house · BR6 8NE
Listing removedReduced £15k (−7.5%) on 8 JulListed 287 days
Opportunity summary
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About
Well presented, chain free, 1 bed first floor retirement flat with a new kitchen and modern walk-in shower. Situated in popular Summerlands Lodge with easy access to shops, amenities and bus routes.
Situated in Phase 1 of the popular Summerlands Lodge retirement development is this well presented, first floor, chain free flat.
The property has the luxury of a new kitchen which was thoughtfully designed with a built-in eye level cooker, integrated fridge/freezer, integrated dishwasher and electric hob with extractor hood above.
There is an entrance hall with a useful storage cupboard, spacious living/dining room with views over the communal grounds and a double bedroom with a fitted double wardrobe.
The modern three piece bathroom has the benefit of a large storage/airing cupboard and a practical walk-in shower cubicle.
The current owners have also upgraded the electrical consumer unit and double glazed windows meaning the property is ready to just move into.
Summerlands Lodge is conveniently located for bus routes, local shops and supermarkets in nearby Locksbottom and the pru Hospital.
The development benefits from a warden, 'Care Line' emergency pull cords, entryphone system and lift, in addition to the many communal facilities such as residents lounge and laundry room.
There are communal gardens with seating areas and a guest room is available for visitors.
Broadband and Mobile Coverage For broadband and mobile phone coverage at the property in question please visit: And respectively.
Important note to potential purchasers: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact and a buyer is advised to obtain verification from their own solicitor or surveyor.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
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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 24 Summerlands Lodge,, Farnborough Common, Orpington
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