2-bedroom flat · BH25 6AB
For saleReduced £5k (−2.3%) on 18 SepListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***to book A viewing click on view brochure on rightmove or please visit the Purplebricks website 24/7*** An impressive Ground floor flat with two double bedrooms, private entrance, balcony, gas central heating, double glazing and garage.
Having been recently renovated the flat boasts a modern finish and is only 500 meters from New Milton high street and train station.
Set back from the road and lying within well kept and manicured grounds, this spacious and modern two double bedroomed ground floor flat benefits from its own private entrance for accessibility and convenience, with no stairs.
The flat has been recently renovated to a very high standard, with works including a new kitchen with integrated appliances, wall mounted fire and televisions and new carpets throughout.
Private front door leading to a hallway with three separate storage cupboards with rails and shelves, one housing the Worcester combi boiler.
Modern and fully integrated kitchen with various storage options. Oven and induction hob, integrated fridge and freezer, washer / dryer, dishwasher and microwave and under cabinet lighting.
Spacious lounge with wall mounted fire and television and a door leading out to your own private balcony. Bathroom with bath and overhead electric shower, towel radiator and storage units.
Separate W.C with overhead storage. Two double bedrooms with the main bedroom being of a particularly large size and with built in storage, overhead lighting and a wall mounted television.
A garage with power is included in the conveyance The flat is set back from the road and boasts large and well established gardens which are maintained to a very high standard by an external gardening company, all included in the service charge.
However, residents can undertake their own gardening chores and tasks should they wish to.
The flat is only 500 meters from New Milton high street and mainline train station, with direct links to London and Dorchester.
Property Description New Milton sits at the gateway to the New forest and is a vibrant market town with various independent shops, pubs and eateries, as well as an M & S food market.
Service charge is approximately £1412 per annum, including gardening, window cleaning and maintenance etc Ground rent is approximately £175 per annum. Lease approximately 95 years remining.
Residents have their own management company which you can choose to be a part of.
Property Ownership Information Tenure Leasehold Council Tax Band C Annual Ground Rent £175.00 Ground Rent Review Period No review period Annual Service Charge £1,412.00 Service Charge Review Period No review period Lease End Date 22/12/2120 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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.
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FAQ
About 5 Oakwood Court, Osborne Road, New Milton
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