1-bedroom flat · SO15 3SN
For saleReduced £10k (−7.7%) on 8 OctListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Austin Wyatt is pleased to present this well maintained one bedroom retirement apartment, available on a 70% shared ownership basis and situated within a popular retirement development in a convenient Southampton location.
Offering comfortable and accessible accommodation, this property is an excellent opportunity for those seeking independent living within a welcoming community environment.
The apartment features a bright and spacious lounge diner, providing ample room for both relaxation and dining.
The space enjoys good natural light and creates a comfortable setting for everyday living.
The kitchen is separately positioned from the main living area and offers practical storage and workspace, making it ideal for day to day use.
The double bedroom is generously proportioned and benefits from fitted storage, offering a comfortable and practical sleeping area.
A well appointed bathroom is accessed from the hallway and serves the apartment with an accessible and convenient layout.
Residents benefit from access to well maintained communal areas and residents parking, while the development enjoys a friendly community feel and a convenient position close to local amenities and transport links.
Located within a sought after area of Southampton, the property offers easy access to shops, healthcare facilities, and public transport, making it an ideal choice for retirement living.
Please note that this property is available on a 70% shared ownership basis only.
Any prospective purchaser will be required to speak with Abri's Independent Living Officer to confirm eligibility for the scheme.
Once a buyer has been identified, further approval will be required from Abri, including agreement of a RICS valuation before the sale can proceed.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 Flat 23, Hesketh House,, Cawte Road, Hampshire
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