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See how verdicts work2-bedroom flat · TA6 3TY
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well proportioned purpose built 2 bedroom ground floor flat forming part of an attractive modern block of similar units in a sought after location close to the local marina and as such within a short level walking distance of the town centre with all its numerous facilities and amenities.
The pleasant accommodation briefly comprises to the ground floor; Entrance Hall, Lounge/Diner with patio door onto balcony, Kitchen, Two Double Bedrooms and Shower Room with white suite.
The property also benefits from economy ‘7’ heating, UPVC double glazing and a security entry phone system whilst outside there are attractive well maintained communal gardens and seating areas together with ample parking to the rear of the complex and security gates all round.
To conclude the property provides an ideal first time/retirement home or indeed investment opportunity and as such early internal inspection is thoroughly recommended.
Accommodation Ground floor Security entry system with main entrance to communal hall and personal door to flat 51.
Entrance hall UPVC double glazed window to side overlooking attractive communal gardens. Night storage heater. Telephone point. Intercom entry phone handset.
Airing cupboard housing factory lagged cylinder with immersion heater. Further walk-in storage cupboard with shelving. Lounge/diner 14’10” x 13’ maximum narrowing to 11’6”.
Dual aspect room with UPVC double glazed window to rear overlooking attractive communal gardens and UPVC double glazed sliding patio doors to front onto balcony providing views towards the marina.
Electric coal effect fireplace with hearth and brass effect fender . Night storage heater . TV aerial point. Kitchen 10’2” maximum x 8’8” narrowing to 5’6” UPVC double glazed window to side.
Range of modern floor and wall mounted cupboard units with single stainless steel sink and drainer unit inset into roll edge work surfaces with ceramic tiled surround.
Plumbing for automatic washing machine and dishwasher. Breakfast bar. Integrated fridge/freezer.
Integrated stainless steel electric oven/ grill unit with space for microwave oven over and storage cupboard below.
Four ring halogen hob inset into work top with extractor unit incorporating light unit over. Strip lighting. Bedroom 1 12’11” x 9’6” including built-in wardrobes.
UPVC double glazed window overlooking gardens. Night storage heater . TV aerial point. Bedroom 2 12’11” x 8’8” including built-in wardrobes. UPVC double glazed window to rear providing similar views .
Night storage heater . TV aerial point. Smoke detector .
Shower room Re-equipped with modern white suite comprising close coupled WC and pedestal wash hand basin with wall mounted mirror, striplight and shaver point over.
Large corner shower cubicle with electric shower unit and fully tiled surround. Heated chrome towel radiator. Extractor unit. Mirror fronted medicine cabinet.
Outside There are pleasant communal gardens. Garage with up and over door in block and allocated parking facilities with security gates.
Tenure Leasehold - 125 year lease from 1988 (87 years remaining). Ground rent £100 per annum.
Service charge £1300 per annum, including maintenance, insurance of the building, cleaning and lighting of common parts, grounds maintenance etc. Viewing.
By appointment with the vendors agents Messrs Charles Dickens, who will be pleased to make the necessary arrangements to view. Services Mains electricity, water & drainage.
Council Tax – Band A EPC Rating - tbc
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 51, Flat 51, Waverley Wharf
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