2-bedroom flat · SO41 9BA
For saleReduced £18k (−6.5%) on 21 JunListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious ground floor apartment, being offered in good order throughout and situated in this sought after development, conveniently positioned within a few hundred yards of the High Street and Lymington Town Centre, the property is an ideal buy to let investment or principal home.
The accommodation comprises: (All measurements are approximate) Communal Entrance Door Intercom Front Door to Hall Storage and airing cupboards Sitting/Dining Room 16'2 x 11'1 Fireplace, radiator, television point Kitchen 11' x 8'5 Floor standing and wall mounted cupboards and drawers with double sink unit, space for dishwasher, space for washing machine, double oven, four ring hob and extractor over, space for fridge freezer, tiled floor, space for breakfast table Bedroom One 16'7 x 11'2 Radiator En-Suite Bathroom Bath, wc, vanity basin, shower cubicle, part tiled walls, towel rail.
Bedroom Two 12'2 x 8'11 Radiator Shower Room Fully tiled shower cubicle, vanity basin, wc, towel rail Outside There are two parking spaces and visitors parking, well maintained communal grounds.
Council Tax – D EPC Rating – expired 2018 Lease Terms – 155 Years from 2003 Service Charge - £670 per 6 month approximately Ground Rent - £250 per annum
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
Agent & docs
FAQ
About Apartment 7, Applemore House,, Hillcroft Close, Hampshire
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