2-bedroom flat · SO15 2SN
Sold STCReduced £20k (−10.5%) on 11 JulListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within the highly sought-after development of Lindoe Close in Banister Park, this ground floor two bedroomed apartment.
Situated in one of the development’s smaller, more intimate buildings, the property benefits from secure entry and no forward chain.
The property is currently tenanted so would also make an ideal investmest.
Upon entering, you are welcomed by a hallway, thoughtfully designed with ample built-in storage cupboards, one of which houses the washine machine.
The hallway serves as the gateway to the principal rooms, where the heart of the apartment is its open-plan living and kitchen area, a door leads out to the communal gardens.
This generously proportioned room offers ample space for both lounge and dining furniture, making it an ideal setting for relaxation and entertaining.
The kitchen features wood effect cabinetry, contrasting worktops, and space for appliances, The principal bedroom is a generous double, while the second bedroom is ample in size.
Both are served by a bathroom with a three-piece suite comprising a bath with an over-shower, a wash basin, and a WC.
Externally, the development is surrounded by beautifully maintained communal gardens, offering a tranquil setting to enjoy the outdoors yet close to many amenities and public transport adding to the ease of living in this delightful location.
This exceptional property perfectly combines modern living with a peaceful, village-like ambiance, making it a rare opportunity in the highly desirable Lindoe Close community, and perfect for first time buyers and rental investors alike.
Disclaimer: Photos used were prior to the tenant moving in.
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
Agent & docs
FAQ
About 22, Lindoe Close, Hampshire
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