2-bedroom house · RG25 3JE
For saleListed 336 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor flat for the Over 60's overlooking the river Test and the western side of the village.
The property comprises communal entrance hall, entrance hall, lounge/diner, kitchen, balcony, two bedrooms, bathroom and electric heating.
Residents also enjoy the use of the beautifully maintained grounds with the river Test running beside them. Other amenities include a resident's lounge, lift to all floors, laundry room and parking.
A guest suite is available for overnight stays at a reasonable charge.
All rooms and public areas have emergency alarm pull cords or buttons, entry phone, on site manager; there is a high level of security.
The complex is located within easy walking distance of the village centre where there are shops and services to meet most day-to-day needs.
There are regular bus services from the village centre to Andover, Winchester and Basingstoke.
From the main line railway station there are fast services to London Waterloo and the West Country via Salisbury.
The A303 and A34 are only a short drive away connecting London M3 (M25) to the West Country and Southampton to Oxford and the North (M40).
THE ACCOMMODATION COMPRISES:- COMMUNAL ENTRANCE HALL Stairs and lift to the second floor. ENTRANCE HALL Electric heater, hatch to loft space, wall light, power point, security phone.
LOUNGE About 15' x 9' Feature fire place with electric fire, storage heater, power points, TV point, telephone point, sliding patio doors to:- BALCONY About 17' x 6' Electric awning, views over the river.
KITCHEN/DINER About 12' x 9' Stainless steel single drainer sink unit with mixer tap set in a rolled edge worktop with cupboards and drawers under, matching wall cupboards, fitted electric hob and oven with extractor hood over, two downlighters, airing cupboard, two velux windows, double glazed window, electric heater, plumbing for washing machine, power points, views over the river.
BEDROOM ONE About 12' x 10' Vaulted ceiling, large eaves storage cupboard, storage heater, power points, built-in double wardrobe and drawer units, velux window, TV point.
BEDROOM TWO About 10' x 9' Large eaves storage cupboard, built in double wardrobe, power points, velux window.
BATHROOM Close coupled WC, pedestal wash hand basin, panelled bath with mixer tap shower attachment, tiled surrounds, electric towel rail, extractor fan, Dimplex single bar electric heater.
SERVICES Electricity, water & drainage, SERVICE CHARGES We understand that the service charge is approximately £325 per month.
LEASEHOLD 99 Years from 1988 EPC RATING C COUNCIL TAX We understand from the Valuation Office Agency that the property is in tax band 'C'.
VIEWING Only by appointment with Parnell Jordy & Harvey, 5 Winchester Street, Overton, RG25 3HR. FOLIO 18243 RB201125
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Town Mill, Overton. RG25
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