2-bedroom flat · SO51 8BX
Listing removedListed 65 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Michael Rhodes are delighted to bring to the market this charming mews style upper floor two bedroom apartment with allocated parking, ideally situated in the heart of Romsey town centre.
Summary The property is accessed from an entrance hallway, shared only by one other apartment.
The apartment opens into a spacious open-plan kitchen/living room, with the kitchen fitted with a range of base units and integrated appliances.
There are two well-proportioned bedrooms, served by a modern three-piece bathroom. The property also benefits from an allocated parking space and underfloor heating.
Location St James Mews is an exclusive private road leading off The Hundred, right in the heart of Romsey town centre.
The property is ideally placed within easy walking distance of the town's excellent range of independent shops, cafés, restaurants and supermarkets, as well as regular bus services and Romsey Railway Station, which provides direct links to Southampton, Winchester and Salisbury.
Romsey also offers a range of leisure facilities, reputable schools and pleasant walks along the River Test and through the nearby Memorial Park.
Excellent road links via the M27 and M3 make the area well suited for commuters.
Deposit Alternative This property is available with Flatfair’s No Deposit solution, so you don’t have to pay a traditional deposit.
Instead, you would pay a small check-in fee equal to 28% of a month’s rent (+VAT) – significantly less than a five week deposit.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damages that might occur.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 4 St. James Mews,, The Hundred, Hampshire
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