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See how verdicts work2-bedroom flat · GU51 4DH
For saleReduced £10k (−3.7%) on 13 OctListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Selbon Estate Agents are delighted to offer to the market, this two bedroom ground floor maisonette, situated in the heart of Fleet town centre.
The property has been thoughtfully modernised by the current vendor, to offer a move in ready home, with spacious living accommodation, ideal for first time buyers, investors or those looking to downsize and have a lock up and go property.
The front door leads to the entrance hall which has a cupboard housing the boiler, an understairs cupboard with power which houses the tumble dryer and there are doors to a lounge, kitchen, 2 bedrooms and a shower room.
The 17ft lounge/dining room has an open fire place with potential for a log burner and French doors leading to the communal grounds.
The kitchen has been re-fitted and comprises; eye and base level cupboard and drawer units ample work surfaces including a breakfast bar, built-in appliances include; oven, hob with extractor over, washing machine, fridge and freezer.
There are two double bedrooms and a refitted shower room.
Further benefits include gas radiator heating, double glazed windows, a single garage in a block, there is an electric car charger (available via separate negotiation), a parking space in front of the garage, visitor parking and communal grounds.
We are advised that the the property was granted a 125 year lease on 18/08/1992 with approx 91 years remaining, the current service charge (Oct 25 to Sept 26) is £140 per month (£1680 P.A).
Situated in close proximity of local doctors surgeries (Branksomewood Surgery and Fleet Medical Centre) as well as Fleet town centre with an array of shops and other facilities including pubs, restaurants.
Excellent communication links include the mainline railway station to Basingstoke and London Waterloo, the M3, A30 and A3.
For those who enjoy the outdoor life, there is easy access to Fleet Pond, Basingstoke canal and many other wonderful areas of beauty offering excellent walking, running and cycling routes
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
Agent & docs
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FAQ
About 3 Meadow Court, Victoria Road, Fleet
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