2-bedroom flat · SO24 9PN
Sold STCListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate first floor maisonette located on a small development on the southern edge of the town. Built to an exacting standard by Orchard Homes in 2017, No.
8 Paddock Way has its own ground floor entrance, a garden and driveway parking for 2 cars. Once in the entrance lobby, there are 2 built-in storage cupboards and stairs leading up to the apartment.
The fitted kitchen has a smart range of units, drawers and worktops, with integrated Bosch appliances.
The kitchen is open-plan to the spacious living room, which offers plenty of sofa and dining space. The main double bedroom has a range of fitted wardrobes, and an ensuite shower room.
A second double bedroom and a bathroom complete the accommodation. SERVICES We understand that mains electricity, gas, water and drainage are connected.
TENURE/LEASE INFORMATION The property is held on a long lease of 999 years from 2017. The owners own a share of the freehold of the development.
MANAGEMENT COMPANY The Paddock (Alresford) Management Company Ltd (Company number 10823863) is run and managed by the residents.
The service charge is £330pa (2026) and covers estate and directors' liability insurance, maintenance of the common parts and a contribution to a reserve fund.
LOCAL AUTHORITY Winchester City Council Council Tax Band: C
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 8, Paddock Way, Alresford, SO24
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