1-bedroom property · SO50 6HE
For saleListed 261 days
Opportunity summary
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About
Set within the main building at Bishopstoke Park, 63 Garnier Drive offers light, convenience and an easy-to-manage footprint-ideal for those who want village life on the doorstep without the upkeep of outside space.
From its first-floor position, the apartment looks over the entrance courtyard with a pleasant outlook to the architectural charm of The Mount.
The living room and bedroom are both southerly facing, giving the home a bright, welcoming feel throughout the day.
A compact, well-planned kitchen includes a two-ring hob, combi-microwave, washer/dryer and fridge, and can be neatly closed off with glazed doors when you're not cooking.
The double bedroom features built-in wardrobes and an ensuite, step-free walk-in shower for ease of use. Additional storage is taken care of by a double cupboard in the hallway.
This apartment is offered with Anchor's flexible Assisted Living package, starting with a minimum of one hour's housekeeping per week (£23.10), with the option to increase services as required-ideal for planning ahead with confidence.
Bishopstoke Park is exclusively for those aged 65 and over, providing a sociable, pet-friendly setting with superb facilities including a restaurant and bar, wellness centre with pool, sauna, steam room and gym, hair salon, village shop, library and landscaped grounds.
Please note: There is an age restriction at this development, at least one of the residents must be over 65 years of age. This property is Leasehold with 118 years left of the 125 year lease.
We are advised that the annual ground rent is £500.00 (doubling on each successive 25 years of the term.). The service charge is £149.30 per week for the financial year 01/04/24 - 31/03/25.
Anchor selects utilities centrally for the benefit of all residents.
Residents receive a monthly statement showing their metered consumption for water, heating and electricity and are payable by monthly direct debit.
There is a deferred sinking fund contribution upon sale of 4% of the sale price.
Bishopstoke Park is situated just 3 miles from Southampton Airport, and while this provides convenient access to travel, residents may occasionally notice some background aircraft noise.
Parking Permits are available.
Value & comps
No previous sales on record.
Returns
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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 63 Garnier Drive, Bishopstoke Park Retirement Village
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