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See how verdicts work1-bedroom flat · SO16 7NT
For saleReduced £5k (−5.9%) on 21 JunListed 409 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment situated on the first floor.
Chestnut Lodge is situated within a 5-10 minute walking distance to local amenities such as hair dressers, dentists and a Sainsbury local.
The end of Sherwood Close is directly across the road with access to Southampton Common. Chestnut Lodge comprises 54 properties arranged over 3 floors.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 55 years. Please speak to your Property Consultant if you require information regarding Events Fee that may apply to this property.
Subletting is not permitted at this development. Entrance Hall Front door. Door to cupboard also containing stop cock and fuse box. Power point. Ceiling light fitting. Electric night storage heater.
Airing cupboard housing cupboard housing insulated hot water tank with electric immersion heaters (both off-peak and day time). Electric meters are located in the corridor outside the flat.
Lounge/Dining Area Electric night storage heater. TV & Telephone points. Power points. Emergency pull cord. Ceiling light fittings.
An archway leads to: Kitchen Tiled and fitted with a range of wall and floor units and worktops. Under pelmet lighting. Sink unit, single drainer.
Built in electric oven and hob with extractor hood over. Fridge/freezer. Power points. Ceiling light fitting. Bedroom Built-in wardrobe with hanging rail and shelving over.
Electric night storage heater. Emergency pull cord. Telephone point. Power points. Shower Room Tiled and fitted with suite comprising Shower cubicle with hand grips.
Dual flush low level WC; pedestal hand basin with mirror over. Panel heater. Wall cabinet. Ceiling light fitting. Ventilation fan.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
Area
Agent & docs
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FAQ
About 32, Chestnut Lodge, Southampton
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