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See how verdicts work1-bedroom property · SO42 7QX
For saleReduced £13k (−16.3%) on 25 OctListed 274 days
Opportunity summary
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About
A well presented one bedroom, first floor retirement apartment forming part of an exclusive age restricted development, in the heart of Brockenhurst village.
The apartment enjoys elevated views across the communal gardens and grounds and further benefits from an extended lease.
Homeforde House is located within a short stroll of the village centre and the property would also make an ideal second home or investment.
The property is conveniently located in the heart of Brockenhurst village, which is within a level walk of a good local community of shops, cafes and restaurants.
Also close by is a mainline railway station with direct links to London Waterloo. The picturesque village of Beaulieu lies 7 miles to the East with the marina of Bucklers Hard on the Beaulieu River.
Approximately 4 miles to the south is the Georgian market town of Lymington with its extensive yachting facilities, Saturday market and ferry service to Yarmouth, Isle of Wight.
This secure first-floor apartment enjoys a pleasant outlook over the well-maintained communal gardens.
The accommodation is accessed via an entrance hall, which leads to a generous walk-in storage cupboard fitted with built-in shelving and offering space for appliances.
The property features a comfortable sitting/dining room with newly fitted carpets, alongside a well-appointed kitchen with ample storage.
There is a comfortable double bedroom, also with newly fitted carpets, a front-aspect window and built-in cupboards providing excellent storage.
The accommodation is completed by a spacious shower room fitted with a walk-in shower with a seat, WC and wash basin.
- Communal residents lounge - Lift to first floor - Communal Laundry - Careline System - Guest Suite - House Manager - Residents must be over the age of 55 years old Attractive communal gardens and grounds surround the development with the property benefiting from elevated views and easy access.
Additional Information: Tenure: Leasehold Lease Term Remaining: 114 years remaining Ground Rent: £884.68 per annum Ground Rent Review Period: 10 years Service Charge: £2,940.00 per annum Council Tax Band: B Energy Performance Rating: C Current: 77 Potential: 82 Services: Mains electric, water and drainage Heating: Electric Property Construction: Standard construction Flood Risk: Very low Ultrafast broadband with speeds of up to 1000 Mbps is available at the property (Ofcom).
Mobile Signal/Coverage: No known issues, please check with your provider for further clarity. Parking: Communal parking
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
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FAQ
About Grigg Lane, Brockenhurst, SO42
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