1-bedroom flat · SO41 8QN
For saleListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful flat is located in the heart of Pennington Village and would be ideal for a first home or an investment property, Communal front door leading into the entrance hall.
Stairs rising to the second floor where the flat is located. Private front door leading into ENTRANCE HALL Entry phone system, radiator, power points, ceiling light point.
Door to: KITCHEN/LOUNGE 14' 10" x 10' 8" (4.52m x 3.25m) Open planned space with wood effect laminate flooring, radiator, power points, combi gas boiler, ceiling light point and rear aspect window.
Kitchen area: Range of beech effect base and wall units with contrasting granite effect worksurface and stainless-steel inset sink.
Integrated oven, hob and hood, with tile splash back, space for washing machine and upright for fridge/freezer.
BEDROOM 14' 10" x 8' 9" (4.52m x 2.66m) Front aspect window, radiator, power points and ceiling light . SHOWER ROOM Tiled from floor to ceiling with a white suite consisting of wash hand basin, W.C.
corner shower with thermostatic mixer and sliding doors, a heated towel rail and ceiling light. On-street parking available at the front of the property.
TENURE Leasehold with approximately 134 years remaining Ground rent is £200 Service Charge approx. £200 Building Insurance approx. £150.
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 Pennington, Lymington
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