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See how verdicts work2-bedroom flat · SO41 9GJ
For saleReduced £10k (−2.7%) on 7 OctListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A generously proportioned two bedroom ground floor apartment, built to a high standard in 2007, forming part of the well regarded Halyard House development and conveniently located close the amenities of Lymington.
The entrance door opens into a communal hallway, which leads to the apartment’s private front door.
Inside, the accommodation is well planned, with the living/dining room being an excellent size and benefiting from windows and French doors opening onto a small sheltered patio area.
The French doors could also be used as a separate private entrance. The kitchen has a window to the side and is fitted with a comprehensive range of cabinets and integrated appliances.
Bedroom one is a very good sized double room with windows to the front and the advantage of an en suite shower room. Bedroom two is also a double bedroom, served by the main bathroom.
Outside, the parking area at Halyard House is accessed through secure electric gates, where the apartment benefits from a covered allocated parking space.
Service Charge - £3,058pa Ground Rent - £200pa Lymington is a thriving Georgian market town perfectly positioned between the New Forest National Park and the Solent coastline.
Its vibrant High Street blends well-known names like Marks & Spencer and Waitrose with a variety of independent boutiques, cafés, restaurants, pubs, and tea rooms.
The town also provides an excellent choice of salons, beauticians, and everyday amenities.
The popular Saturday market brings a lively atmosphere to the town each week, attracting both locals and visitors.
For those who enjoy life on the water, Lymington is a sailing hotspot, with two marinas and yacht clubs offering direct access to the Solent.
Nearby beaches and scenic coastal walks add to its outdoor appeal. On land, the surrounding New Forest offers endless opportunities for walking, cycling, and horse riding.
Local sports and leisure facilities include a golf course, tennis and bowls clubs, cricket and rugby grounds, a football club, skate park, and play areas.
The Recreation Centre features a 25m indoor pool and fitness classes, while the historic open-air seawater baths offer summer fun beside the river.
Lymington also has a community centre, small cinema, library, and a range of infant, junior, and secondary schools all within walking distance of the town centre.
It’s this combination of location, amenities and lifestyle that makes Lymington one of the South Coast’s most sought-after places to live.
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.
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FAQ
About 3, Halyard House, Lymington
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