1-bedroom flat · SW19 1SS
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious one bedroom retirement flat in a convenient location, offered with a 175-year lease and residents' parking.
Situated on the first floor of Cloister House, a popular retirement development on Griffiths Road, SW19, this well-proportioned one bedroom flat offers comfortable accommodation exclusively for the over-55s.
The property would benefit from some updating, presenting an excellent opportunity for a purchaser to modernise and personalise the accommodation to their own taste.
The development benefits from a lift serving the upper floors, warden-assisted support and residents' parking, providing added convenience and peace of mind.
The location is well placed for local amenities, shops and transport links, making it an attractive option for those seeking independent retirement living.
The accommodation offers a good-sized living space, a separate bedroom, kitchen and bathroom, with scope to improve and add value through refurbishment.
An excellent opportunity to acquire a spacious retirement property in a convenient SW19 location, with the potential to create a comfortable home tailored to individual requirements.
Lease: 175 years Service charge: £295 per month Ground rent: £0 Merton Council Tax Band C EPC Rating C
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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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 Griffiths Road, London
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