1-bedroom flat · GU34 1HB
For saleListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautiful retirement apartment in the exclusive development of Cooperage, devoted to the over 60's and located centrally in the popular Georgian market town of Alton.
This one-bedroom home is conveniently located within walking distance to the high street shops and local transport links.
The apartment has been updated by the current owner and benefits from views overlooking Alton's public gardens.
We welcome this much-loved first floor home with light and spacious accommodation including living room, modern fitted kitchen with a comprehensive range of wall and base units, a double bedroom and newly fitted shower room.
Continuing outside, The Cooperage further benefits from attractive manicured communal gardens, residents parking and lifts to all floors.
There is a resident House Manager, a central reception area with cloakrooms, and a laundry room, impressive and extensive hallways including seating areas, a lift, 2 alternative staircases to the upper floors and a residents lounge, which has a kitchen area and patio doors opening directly to the sun loggia and rear communal gardens.
The Cooperage is a small mews style private courtyard consisting of 34 age restricted mainly 1 bed apartments, cottages and lies directly between Lenten Street, Alton’s finest town street, and Westbrooke Gardens, the central public gardens, which have a programme of open air events, a bandstand and a bowling green.
The neighbourhood includes the Market Square, town shops and stores, restaurants and inns, a library, community centre and walks beside the Wey Stream as well as through the town centre.
The ambience of this old market town includes a weekly street market, regular specialist and historic events, local societies, and the Curtis Museum and the Allen Gallery.
There are Sainsbury’s, Iceland and M&S in-town stores, a station (Waterloo line) with an adjacent Waitrose store, fitness clubs, doctors surgeries and, on the outskirts, a sports centre and two golf courses.
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 The Cooperage,21, Lenten Street, Alton
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