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See how verdicts work1-bedroom property · KT13 9JA
Under offerListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Retirement Apartment for Persons aged 55+ Years old.
The bright and airy 1st floor corner apartment comprises a large reception room with doors leading out to a large private terrace, a kitchen with integrated appliances, a master`s bedroom with built-in wardrobe and en-suite shower room, and a hallway with three storage cupboards.
One of the hallway cupboards doubles as a utility cupboard which houses the washer / dryer and is an incredibly useful storage space.
Austin Place is an impressive modern development, built and completed in 2016 and made up of 65 one and two bedroom apartments set over 3 lift accessible floors.
The development is situated in Weybridge, only 1.2 miles from Walton town centre in 1 direction and 0.7 to Walton town centre in the other and its within close proximity to the M25 and M3.
Austin Place also boasts an incredible list of development facilities, which include; a café and delicatessen, an Owner`s Lounge/Cinema room, outdoor seating / decking, Hair and Beauty salon, a Treatment Room, an enormous roof terrace, a guest suite for friends and relatives and a welcoming reception area which is staffed daily.
For added peace of mind, all apartments are fitted with an advanced 24/7 monitored call system should any residents have concerns after reception hours.
There are a number of weekly events and social activities, which include coffee mornings, BBQs and even film nights.
For those looking for additional care or simply thinking ahead, there are care and support packages available from Anchor Homecare.
These services range depending on personal needs, from basic housekeeping to personal care services. Please ask a member of Rice & Roman staff for additional information.
Key Information: • Service Charge: £6,873.12 Per Annum • Ground Rent: £500.00 Per Annum • Ground Rent Review periods: TBC • Lease Expiry Date: 1st Nov 2140 • Tenure: Leasehold • Council Tax Band: D • EPC Rating: B • Heating Type: Under floor Heating • Parking.
Unallocated • Mobile Strength: Data Provided by Ofcom EE - Likely to have good coverage and supports multimedia. Three - Likely to have good coverage and supports multimedia.
O2 - Likely to have good coverage and supports multimedia. Vodafone - Likely to have good coverage and supports multimedia.
• Broadband Strength: Data Provided by Ofcom Standard 16 Mbps/1 Mbps Superfast 121 Mbps/20 Mbps what3words /// thigh.earth.unwanted Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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About Austin Place, Weybridge
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