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See how verdicts work4-bedroom flat · SO41 8DX
For saleReduced £10k (−3.8%) on 20 OctListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very spacious, light and airy, four double bedroom apartment situated close to the shops and amenities of both Pennington and Lymington.
The apartment is positioned over two floors with a private front door and benefits from a modern kitchen and bathroom, gas central heating and double glazing through out.
The property is offered with no forward chain.
The situation The property is located within easy reach of the town centre and is also close to the village of Pennington, where there is a general store with Post Office and a Tesco's Express, as well as an excellent leisure centre with swimming pool and gym.
Schools for all age groups are also within walking distance from the property.
Approximately 1 mile west is the centre of the picturesque Georgian market town of Lymington, which is famed for its attractive High Street, river, deep water marinas and yacht clubs.
The town offers an excellent range of schooling, both state and private, catering for all ages.
There is a useful branch line rail connection that links with the neighbouring village of Brockenhurst (situated approximately 6 miles to the north) that in turn has an efficient mainline railway station (London Waterloo approximately 90 minutes) and its own tertiary college.
The property This generously proportioned apartment extends to just over 1,200 sq ft and is arranged over two floors, offering flexible and versatile living accommodation.
Accessed via steps to the left-hand side at the rear of the property, the apartment entrance opens onto the first floor, where an impressive and spacious hallway provides a welcoming introduction.
This level comprises a cloakroom, a bright living room, and a well-appointed kitchen/breakfast room featuring a range of fitted units and work surfaces, with space for a fridge freezer and washing machine.
Also located on this floor is bedroom four, which could alternatively be utilised as a study, home office, or separate dining room to suit individual requirements.
Stairs rise to the upper floor, where a generous landing leads to three well-proportioned double bedrooms and a family bathroom fitted with a modern white suite.
Services Tenure: Leasehold Years Remaining: 999 years- Term remaining 945 Annual Ground Rent: £25 Annual Service Charge- Approx £500-£600 Council Tax: B EPC: Tbc Current: Tbc Potential: Tbc Property Construction: First floor apartment Utilities: Mains electricity, water & drainage Heating: Gas central heating Broadband: Tbc Parking: Communal parking - 1 x allocated space
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.
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FAQ
About Pearman Court, South Street, Lymington
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