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See how verdicts work6-bedroom house · SO42 7RB
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** freehold mixed use investment opportunity*** An exciting opportunity to acquire a freehold investment in this popular New Forest town.
The premises enjoy a prime, high street location, with the benefit of a double shop frontage, first floor HMO above with five letting rooms, a further one bedroom apartment used for personal accommodation and a commercial development site set to the rear which offers a number of uses STP.
The total current income is £7,298 per month but with scope to further develop the building to the rear to provide further potential income STP.
Freehold shop 51-53 Brookley Road The premises are set in this prominent position with a prime trading position.
An attractive frontage offers double display windows and internally, the accommodation is laid out to provide split level open plan retailing on the ground floor with office, kitchen facilities, store and cloakroom set to the rear.
Comprising ground floor double fronted shop leased by Grovely Pets at the current rental of £24,000 per annum. The ground floor shop extends to 1175 sq ft in total.
Rateable Value for Shop - £19,250 per annum Additional Information Energy Performance Rating: C Services: Mains, gas, electric, water and drainage First floor HMO apartment Accessed from the rear of the building with a private entrance leading to internal stairs up to a first floor landing area.
Communal Kitchen and inner hall providing access to a communal bathroom and five letting rooms. Floor area extending to 1190 sq ft. Currently generating £3,800 per month in rent.
Additional Information Energy Performance Rating: E Current: 42 Potential: 55 Council Tax Band: A Services: Mains, gas, electric, water and drainage Self contained apartment Set to the rear of the shop, a gate provides access to a first floor one bedroom self contained apartment previously used for holiday letting.
Accessed via an external spiral staircase, a private entrance leads into an open plan kitchen and living room with a shower room set off and access to a double bedroom. Current rateable value £5,100.
Commercial Restaurant and Kitchen Development Site Originally run as a successful restaurant and kitchen these buildings now require significant refurbishment but offer the opportunity with the potential to suit a number of requirements with further possibility of being turned into residential dwellings, subject to securing the necessary planning regulations.
Current rateable value £7,600.
Additional Information Energy Performance Rating: B Services: Mains, gas, electric, water and drainage Car Parking Facilities Off street car parking facilities set to the rear of the building providing 4 spaces for the site as a whole.
Value & comps
No previous sales on record.
Returns
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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 51-53, Brookley Road, Brockenhurst
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