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See how verdicts work2-bedroom flat · SP11 6YR
Listing removedListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION : Offered for sale with no onward chain, this ground floor apartment, built by Taylor Wimpey in 2019, is situated on the edge of the popular Saxon Heights development and benefits from the remainder of a 10 year NHBC.
The spacious accommodation comprises hallway, living/dining area with open access to a kitchen with integral appliances, master bedroom with en suite shower room, further double bedroom and family bathroom.
Outside there are two allocated car parking spaces and a cycle store.
LOCATION : The property is located on the popular Saxon Heights development which benefits from local amenities including shops and schools as well as play parks and green spaces.
There is easy access to the town as well as the nearby countryside.
Andover offers a range of shopping, educational and recreational facilities including a college of further education, a cinema, theatre and leisure centre.
The mainline railway station runs a direct route to London's Waterloo in just over an hour whilst the nearby A303 offers good road access to both London and the West Country.
ACCOMMODATION : Front and rear access to communal lobby, entry phone system and front door into: HALLWAY : Window to rear.
Two storage cupboards and doors to: LIVING/DINING ROOM : Window to front and open access to: KITCHEN : Window to rear.
Range of eye and base level cupboards and drawers with work surfaces over and inset stainless steel sink with drainer. Inset gas hob with extractor over and oven below.
Integral dishwasher, washing machine and fridge/freezer. Cupboard with wall mounted boiler.
MASTER BEDROOM : Window to front and door to: ENSUITE SHOWER ROOM : Shower cubicle, wash hand basin, WC and heated towel rail. BEDROOM 2 : Window to front. BATHROOM : Window to rear.
Panelled bath with shower over, wash hand basin, WC and heated towel rail. OUTSIDE : Outside there are two allocated parking spaces and a bike store.
TENURE : Leasehold with a 120 year lease dated 2019. The service charge is £200 pcm and the ground rent is £150 p/a. SERVICES : Mains water, drainage, gas and electricity are connected.
Gas central heating to radiators. EPC Rating: B
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
Agent & docs
FAQ
About Draper Close, Andover, SP11
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