2-bedroom flat · SO43 7DT
For saleReduced £40k (−6.7%) on 6 OctListed 76 days
Opportunity summary
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About
An elegant two-bedroom ground floor apartment, recently refurbished to a high standard.
Northerwood House is a magnificent, Grade II listed, Georgian mansion converted to seventeen luxury apartments all set within grounds extending to approximately six acres in an elevated and secluded location in the heart of the New Forest.
The apartment has a southerly aspect with views across the forest to the Isle of Wight.
Northerwood House is situated in highly the sought-after area of Swan Green on the edge of the village of Lyndhurst and is located only a short walk from the pubs, tearooms, shops and amenities of Lyndhurst village, and the open Forest with its many walks and outdoor pursuits.
The village of Brockenhurst (about 4 miles south) has a mainline rail connection to London Waterloo (journey time approximately 90 minutes).
The M27 (Junction 1) is some 3 miles north of the property, connecting through to the M3 at Chilworth for access to London.
The apartment has impressively high ceilings throughout and the spacious entrance hallway with secure entry system is a welcoming reception area.
A full refurbishment was completed in April this year, including a new kitchen, bathroom and en-suite, new flooring and underfloor heating to the hall, sitting room, kitchen and bathrooms.
Sympathetic secondary glazing has also been installed on every window.
The large living room has retained the original fireplace and has double sash windows with spectacular far-reaching elevated views across the sumptuous grounds, Lyndhurst and miles of forest to the Isle of Wight in the distance.
The size of the room allows ample space for dining furniture.
The delightful newly fitted kitchen/breakfast room has excellent storage cupboards with wall and base units and a range of integrated appliances and ample room for a breakfast area.
A utility room has space for a washing machine and tumble dryer, as well as useful storage.
There are two well proportioned bedrooms with built in wardrobes both served by a family bathroom and separate shower room.
The property further benefits from having a recently constructed double garage in a separate block to the property.
The property is approached via a long private drive flanked by established planting and is set in its own sumptuous, private parkland grounds which are maintained under contract and offer a variety of mature trees, ornamental shrubs, decorative borders and formal lawns that feature a classic parterre garden.
The property further benefits from a double garage situated in an adjacent block which is accessed off the principal drive.
In total, the beautiful gardens and grounds attributed to Northerwood House extend to approximately six acres.
Additional Information: Tenure: Share of Freehold Term: 250 years from 1st January 2020 Lease Term Remaining: 245 years Maintenance Charge: £1,290 paid quarterly Ground Rent: Peppercorn Energy Performance Rating: Not required as Grade II Listed Council Tax Band: D Holiday lets are not permitted.
Services: Mains gas, electric, water and drainage Flood Risk: Very Low Superfast broadband with speeds of up to 48 Mbps is available at the property (Ofcom).
Mobile coverage: No known issues, buyers to check with their provider for further clarity.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Northerwood House, Swan Green, Lyndhurst
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