2-bedroom flat · BH25 6DD
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two double bedroom top floor apartment with garage, situated in this convenient location one road back from new milton high street.
Accommodation: On the ground floor the communal entrance has a front and back door with stairs leading to second/top floor.
Front door opens into the hallway leading to the lounge/dining room with door leading to the balcony overlooking the communal gardens.
The well laid out kitchen has a built-in electric hob, extractor, oven and microwave over with fitted dishwasher, with a handy pantry and space for a breakfast table.
There are two double bedrooms both with a comprehensive range of wardrobes that are included in the sale.
The modern shower room has a walk in shower, built in storage with inset sink and enclosed WC, with heated towel rail. Outside: There are attractive communal grounds enjoying a sunny aspect.
Garage in a block. EPC: C, Council tax band: C, Tenure: 99 years from 1972 with approximately 44 years remaining. The most recent annual service charge is approx £1800 with a ground rent of £40 p/a.
The electric night storage heaters have been removed, and the owners use plug in heaters.
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
Agent & docs
FAQ
About 11, Spencer Court, New Milton
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