2-bedroom flat · SO24 9FJ
Under offerListed 13 days
Opportunity summary
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About
A very well presented first floor maisonette with its own entrance at ground floor level. It is a leasehold property with over 110 years remaining on the lease.
It has been built and fitted out to a high specification, and has the benefit of off-road parking.
Burgage Mews is located in the centre of Alresford and is just a minute's walk from a wide range of shops and facilities available in the town centre.
The maisonette is accessed at ground floor level through its own front door, which opens to a lobby area from where stairs go up to the first floor.
On the landing there are two storage cupboards, one of which houses the electricity meter and consumer unit, as well as a loft access hatch.
A door opens to the living room and kitchen, which are open-plan with each other. The kitchen features a range of wood-fronted kitchen units and drawers with granite worktops and upstands above.
There is a range of built-in appliances including an eye-level double oven with a gas hob and extractor hood above, a microwave oven, a fridge/freezer and a washer/dryer.
The main bedroom is a double room with a sash window and built-in wardrobes. The second bedroom is a single bedroom, with a sash window.
The bathroom has a white suite comprising a bath with a shower above and glass shower screen, a pedestal wash hand basin, WC, heated towel rail and extractor.
Alresford is a beautiful Georgian town known for its variety of independent shops, restaurants and inns located in stunning surroundings on the edge of the South Downs National Park.
Attractions include the Watercress steam railway, schools for infant, junior and secondary education, several churches and an active and inclusive community.
The cathedral city of Winchester is about 7 miles away and there is easy access to the south coast, the midlands and London via the road network.
There is also mainline rail access to London from both Winchester and Alton. Southampton airport is only about half an hour away by car.
SERVICES We understand that mains electricity, gas, water and drainage are connected LOCAL AUTHORITY INFORMATION Winchester City Council Council Tax Band B LEASE INFORMATION Lease term 125 years from 2011 Years remaining 114 Ground Rent: £250pa Buildings Insurance: approx.
£255pa DIRECTIONS Proceed down West Street, in the direction of Winchester. Burgage Mews will be found on the left hand side, to the left of Billy Goat children's shoe shop.
Proceed into the pedestrianised area, where No.2 will be found on the right hand side.
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.
Area
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FAQ
About Burgage Mews, West Street, Alresford, SO24
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