2-bedroom flat · PO15 6PE
Sold STCReduced £10k (−5%) on 2 OctListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £200,000 - £210,000. Offered with no onward chain, we welcome to the market this two bedroom first-floor maisonette. Situated in a popular location with a generous garden.
A viewing is recommended. Upon arrival, you are greeted by a door that opens into a private entrance hallway, offering access to an internal storage area and stairs leading to the first-floor landing.
The accommodation comprises a spacious lounge, a modern fitted kitchen, two bedrooms and a bathroom. To the front of the property is a block-paved area with a pathway leading to the front door.
Side access provides entry to the generous rear garden, which enjoys a desirable Westerly aspect. The garden is predominantly laid to lawn and complemented by a selection of planted shrubs.
A decking area provides an ideal space for outdoor entertaining, while a garden shed offers useful additional storage. Lease details: 171 years remaining. Service charge £634 per annum.
Peppercorn Ground rent.
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 56A,, Hillson Drive, Hampshire
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