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See how verdicts work1-bedroom flat · GU51 2AE
Listing removedListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mackenzie Smith, Fleet, are proud to present this delightful one-bedroom top-floor apartment in Fleet, situated within walking distance of Fleet Station.
The property offers a spacious reception room, modern bathroom, and allocated parking. With 549 sq ft of living space, this well-maintained home is ideal for first-time buyers or investors.
The Property Positioned on the top floor of a recently built development, this good-sized one-double-bedroom apartment presents a modern and streamlined interior suited to contemporary living.
The property, approx three years old, has been arranged to maximise light and ease of use, with a welcoming entrance area leading directly into the expansive open-plan kitchen and living space.
Here, the layout has been thoughtfully considered, offering an impressive central hub ideal for day-to-day relaxation.
The kitchen zone provides a recently refitted feel, with a clean and understated specification that blends effortlessly with the adjoining living area, creating a sociable flow from cooking to dining and unwinding.
The bedroom is generously arranged and provides plenty of space for standard bedroom furnishings while remaining comfortable and bright owing to its elevated position within the building.
Throughout the apartment, finishes are modern, coherent, and practical, enabling the (truncated) The Grounds Externally, the apartment benefits from allocated parking, providing a dependable solution for those with cars and ensuring consistent access without the need for on-street arrangements.
The grounds surrounding the development are neatly presented, with shared areas maintained for the benefit of residents.
The wider setting places the building within walking distance of the nearby train station, making it well suited to commuters or those seeking regular transport links.
The combination of organised parking and an accessible location creates an appealing balance for modern lifestyles.
Agent Note Lease details are as follows: Years remaining on the lease: 122 years Service charge: £1100 per annum Ground rent: £0 All details should be verified by a purchasing solicitor prior to the exchange of contracts.
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
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FAQ
About 22 Lorica House, Fleet Mill,, Minley Road, Hampshire
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