1-bedroom flat · BH25 6JW
Listing removedListed 93 days · slow let
Opportunity summary
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About
New Milton Town Centre Modern First Floor Apartment. Lounge Dining Area. Kitchen. Bathroom with Shower. Double Bedroom. Upvc Double Glazing and Gas Central Heating.
Allocated Parking Space.Bicycle and Dustbin Store. Sorry tenants, Some pets may not be allowed Front Security access, stair to upper floors.
Entrance Hall Plain plastered ceiling with light, radiator, power point and entry phone. Door to lounge. Living Area (3.43m x 3.05m) Plain plastered ceiling with ceiling light point.
Double aspect with full height UPVC double glazed sliding patio door to the rear overlooking the recreation ground and UPVC double glazed window to the side elevation. Power points. TV aerial point.
Telephone point. Double panel radiator. Central heating thermostat control. Kitchen Area (3.42m x 2.03m) A range of matching contemporary style base and wall units with curved chrome effect handles.
Base units are a mixture of cupboards and drawers. Pelmet and cornice rails. Slate effect work surfaces with mosaic effect tiled splashbacks.
Single bowl, single drainer stainless steel sink unit with mixer tap. Electric oven with electric hob and extractor hood above. Power points.
Wall mounted Gloworm combination type boiler serving central heating and hot water systems. Ceramic tiled flooring. UPVC double glazed window to the front elevation.
Plain plastered ceiling with ceiling light point. Mains smoke alarm. Space and plumbing for washing machine. Space for freestanding fridge / freezer.
Bedroom (3.51m x 2.95m) Plain plastered ceiling with ceiling light point. UPVC double glazed window to the rear elevation. Single panel radiator. Power points. TV aerial point.
High level electrical consumer unit with circuit breakers.
Bathroom (2.14m x 1.98m) White suite comprising panel enclosed bath with chrome mixer tap, shower attachment and thermostatic shower valve above, wash hand basin with mixer tap and remote waste built into slab top vanity unit with cupboards below, and close coupled WC with dual flush water saving cistern.
Tiled splashbacks with full tiling to the bath area. Wall mounted mirror with low voltage downlighters. Shaver point. Ceramic tiled flooring. Ladder style radiator / towel rail.
Tenure 125 Year lease granted in 2007. Management charges to be confirmed. Ground rent £50.00 per annum. Outside Communal gardens. Bicycle store and bin store. Parking facility for residents.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About 4, Parkside Walk, New Milton
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