2-bedroom flat · GU51 1AW
Sold STCReduced £5k (−2.2%) on 27 JulListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nicholsons Estate Agents are pleased to be marketing this two bedroom ground floor apartment which is nestled conveniently close to the popular Elvetham Heath primary school and the local nature reserve as well as a stone’s throw from local amenities, this spacious property offers a large living space featuring modern economy electric heating and new carpets throughout.
The master bedroom boasts a walk in wardrobe and ample space for comfortable living whilst the second bedroom is ideal for guests or young children.
This property is extremely accessible being on the ground floor and would suit down-sizers, young families, couples or sole occupiers.
The interior is welcoming and comfortable and the large south facing windows create a lot of natural light.
The bathroom boasts a further economy radiator with an efficient shower and luxurious bath whilst the kitchen has plenty of storage and space for appliances.
There is a large modern electric water tank housed in a useful airing cupboard with a pleasant hallway leading into the 5 rooms of the property.
View today to see the property features and explore the lovely shared garden.
Communal Entrance Door To: Communal Hallway: Front Door To: Hallway: (4.69m x 1.13m (15'4" x 3'8")) Kitchen: (3.05m x 1.70m (10'0" x 5'6")) Living Room: (4.63m x 3.62m (15'2" x 11'10")) Airing Cupboard: Family Bathroom: (1.88m x 1.70m (6'2" x 5'6")) Bedroom One: (4.19m x 3.14m (13'8" x 10'3")) Bedroom Two: (2.99m x 2.94m (9'9" x 9'7")) Outside Two Allocated Parking Spaces: To the rear of the property is a car park to which the property has two allocated parking spaces.
Communal Gardens: Large communal lawn area with two side gates leading to parking and front gardens, bike store available and bin store located in car park.
Lease/Costings: Lease - 168 years remaining Service Charge:- £202.27 per month
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 2, Wespall House, Fleet
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