2-bedroom flat · SO24 9FH
Under offerListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive and stylish 2 bedroom ground floor apartment is conveniently located in the heart of Alresford town centre.
This stunning modern apartment was built in circa 2014/15, and is located within a quiet and exclusive courtyard offering privacy whilst only a stone's throw from local shops, restaurants and transport links.
The property is accessed via its own front door into a bright hallway.
The apartment itself is well presented throughout and consists of two bedrooms, a contemporary shower room, and light filled dual aspect kitchen/dining/living room.
The modern fitted kitchen has a range of eye level and base units as well as integrated appliances. The living area has two doors leading to the delightful courtyard garden, with a covered gazebo.
The garden can be independently accessed via a gate to the side. The property also benefits from an allocated parking space in the car port, and is offered for sale with no onward chain.
Alresford is a beautiful Georgian town known for its variety of independent shops, restaurants and inns located in stunning surroundings on the edge of the South Downs National Park.
Attractions include the Watercress steam railway, schools for infant, junior and secondary education, several churches and an active and inclusive community.
The cathedral city of Winchester is about 7 miles away and there is easy access to the south coast, the midlands and London via the road network.
There is also mainline rail access to London from both Winchester and Alton. Southampton airport is only about half an hour away by car.
TENURE The freehold of the common areas and the land under the flats is owned by Stiles Yard Management Ltd (Registered Company No. 09162518).
All 9 property owners are directors of the management company and contribute equally to to the upkeep of the common areas, which is approx £500pa. Lease details: 250-year lease from January 2014.
Service Charge: The owners of the 3 flats in the building are responsible for the maintenance of the flats, buildings insurance (approx £300pa), and for the common electricity supply, including car park security lights (approx £65pa).
Ground Rent: £0 SERVICES We understand that mains electricity, gas, water and drainage are connected. LOCAL AUTHORITY INFORMATION Winchester City Council Council Tax Band: 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
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FAQ
About Stiles Yard, West Street, Alresford, SO24
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