2-bedroom flat · GU51 3TL
To rentListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom apartment located in the popular Elma House development, Fleet.
Offered unfurnished and available from 4th January 2026, the property features a bright open-plan living and dining area, a modern fitted kitchen, two good-sized bedrooms, and a contemporary bathroom.
Ideally situated close to Fleet town centre, train station, and local amenities, this apartment provides convenient and comfortable living, perfect for professionals or couples.
Waterfords Fleet are delighted to present a collection of contemporary converted apartments in the heart of Fleet town centre.
Elma House is ideally located on Albert Street which runs parallel to the bustling Fleet Road within a ten-minute walk of the mainline station.
This modern development offers a range of one- and two-bedroom maisonettes and apartments over three floors.
The apartments are finished to an exceptional specification with a fully fitted kitchen featuring high quality built-in appliances.
Careful consideration has gone into the design of each unit to maximise space and light.
The apartments vary in layout from one-bedroom units to two-bedroom units, making the larger apartments ideal for a flat share.
All apartments in Elma House benefit from secure parking behind the property, with one permit provided per property, internal bike storage and video entry system.
Elma House is a Modern building, with completion of build set back in June 2022. Properties are available to rent on an unfurnished basis.
Min Term 12 months EPC Rating: D Council Tax Band: C Minimum household income required for referencing: £43.500 Rent does not include utilities, the tenancy deposit and any other permitted payments.
5 Week Deposit payable equals £1,673.07, which will be registered with the TDS. A capped value Holding Deposit of £334.61 is required to reserve this property.
We are able to secure tenants fantastic deals for broadband and TV with Virgin Media through one of our third party platforms, please contact our team if you wish for more information.
Disclaimer: All photos are a visual representation of the finished apartments.
Whilst the particulars and information provided have been prepared with due care, this is designed to give a general idea of the development. Please get in touch to book your personal viewing.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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About 5, Elma House, Fleet
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