2-bedroom property · SO51 8EB
For saleListed 278 days
Opportunity summary
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About
Location: Positioned close to the junction of Alma Road and The Hundred, the development enjoys a prime setting within comfortable level walking distance of the Waitrose superstore, local medical facilities and the heart of Romsey town centre.
Romsey offers a charming and eclectic blend of independent boutiques complemented by an excellent selection of shops, bars, restaurants and cafés.
The town is well served by both bus and mainline railway stations with direct connections to Winchester, Salisbury and Southampton, while offering swift and convenient access to the M3 and M27 motorway network.
Accommodation: The accommodation is both stylish and practical, featuring zoned electric underfloor heating, UPVC secured-by-design windows, excellent energy efficiency and sound insulation.
Of particular note is the impressive open-plan sitting, dining and kitchen space, which creates a wonderful sense of light and flow and is ideal for both everyday living and entertaining.
The kitchen is sleek and contemporary, fitted with a comprehensive range of high-grade integrated appliances including an electric hob with stainless steel extractor, double oven, fridge/freezer, dishwasher and washer/drier.
The apartment further benefits from two generous double bedrooms, including a principal bedroom with a stylish en-suite shower room, with double doors opening directly onto a private, neatly arranged patio enjoying attractive views across the communal gardens, seamlessly blending indoor and outdoor living, and complemented by a contemporary main bathroom finished to a similarly high standard.
Externally, the development is surrounded by well-maintained landscaped gardens and is approached via a private driveway from Alma Road.
Residents enjoy the convenience of allocated parking, along with separate cycle and bin storage facilities.
The property is ideally located within a short, level walk of Romsey town centre, offering an excellent range of independent boutiques, cafés, restaurants and amenities, making this an outstanding opportunity for those seeking refined modern living in a highly desirable location.
Leasehold: 125 years from 2017 (116 years remaining) Ground Rent: £125 per annum (fixed) Service Charge: £1,626.26 per annum, payable half-yearly NHBC Warranty: Approximately 12 months remaining of the original 10-year guarantee Test Valley Council Tax: Band: D, Price: £2,204.03 for the year 2025/26
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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About Alma Road, Romsey
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