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See how verdicts work1-bedroom flat · BH25 6HX
For saleListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom McSTONE apartment for the over 55's situated in new milton town centre.
Accommodation: From the high street a secure entry phone system leads into the communal entrance with lift and stairs to all floors. Number 21 is found on the 2nd floor at the end of the corridor.
Front door opens into a hallway with large storage cupboard. Door into the lounge which overlooks New Milton high street which is open plan into the kitchen.
There is a large double bedroom with built in wardrobes and a shower room with window to the side.
Outside: The lovely communal roof terrace is accessed from the first floor with plenty of seating overlooking New Milton high street.
There is parking to the rear albeit, limited space and not allocated.
There is a house manger on site most days and there is also a resident’s lounge and communal laundry room, plus guest suite (chargeable).
EPC: C, Council tax band: A, Tenure: Leasehold, 99 year lease from September 1981 with approx 57 years remaining.
Maintenance: Half yearly service charge 2026 £2340.16, half yearly ground rent 2026 £479.35
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 21, Homemill House, New Milton
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