2-bedroom flat · GU34 5HQ
Sold STCListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully modernised and spacious two double bedroom maisonette, offering exceptional value for money, having been significantly improved by the current owners.
The enhancements extend beyond the interior and include a remodelled roof completed in 2021, a smart newly fitted external staircase and railing accessed from the rear parking area, and the installation of a brand-new hot water system.
The bright and airy accommodation comprises two generous double bedrooms, a spacious living room with an open-plan kitchenette featuring built-in appliances, a modern bathroom suite, and a highly useful entrance room that provides excellent storage and could easily serve a variety of other purposes.
The property has also benefited from replacement carpets throughout over the last three years, with the lounge carpet fitted just a few weeks ago.
Decorated in fresh, neutral tones throughout, the home is ready to move straight into. The property benefits from a 125 year lease granted in 2004, with approximately 103 years remaining.
There are no maintenance charges, making this an excellent opportunity for first-time buyers or investors seeking a property with strong rental potential.
Externally, there is a private seating area immediately outside the front door, offering space for a table and chairs to enjoy the outdoors.
From here, the external staircase leads down to the residents' parking area at the rear.
While parking is not formally allocated, spaces are designated for the apartment and the parade of shops, with ample parking typically available. Leasehold.
125 years from 04.11.2004 - 103 years remaining Ground Rent: £50 per annum East Hampshire District Council.
Tax Band B Electric storage heating One parking space within residents parking area Oak Green Parade Is situated in the heart of Four Marks village centre and number 2A is above the barber shop.
For further information, please contact the team at Homes Alton, ready to help and book your accompanied viewing appointment.
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 Oak Green Parade, Winchester Road, Four Marks, Hampshire
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