2-bedroom flat · SO17 2NT
Sold STCListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Priory Avenue.
This well -presented two bedroom apartment is ideally situated in a highly sough-after location, offering convenient access to Riverside Park, a variety of shops and transport links.
The bright and airy lounge/diner provides ample space for both relaxation and entertaining, with direct access into to a low-maintenance communal garden - perfect for enjoying outdoor space.
The apartment also benefits from a separate well appointed kitchen, a master bedroom complete with an en-suite bathroom, alongside a second generously sized bedroom.
Finished throughout in neutral decor, the property provides a blank canvas ready for personalisation.
Offer to the market with no forward chain, this home presents an excellent opportunity for first time buyers.
Entrance Hall Textured ceiling, storage cupboard, cupboard housing water tank, storage heater.
Doors to: Kitchen 8' 7" (2.62m) x 8' 4" (2.54m):: Textured ceiling, a range of wall, base and drawer units with work surface over, sink and drainer inset, built in oven and hob with extractor fan over, space for fridge/freezer and washing machine.
Lounge/Diner 21' 4" (6.50m) into bay x 10' 3" (3.12m) max:: Textured ceiling, double glazed bay window to rear, double glazed door to side leading in to communal garden, electric fire place and surround, storage heater.
Master Bedroom 14' 9" (4.50m) into bay x 10' 3" (3.12m):: Textured ceiling, double glazed bay window to rear, double glazed door to side leading into communal garden.
Door to: En-suite Textured ceiling, three piece suite comprising of panel enclosed bath with shower over, wash hand basin, WC, tiling to applicable areas.
Shower Room Textured ceiling, three piece suite comprising corner shower cubicle with shower over, wash hand basin, WC, tiling to applicable areas.
Communal Garden Direct access into a low maintenance communal garden to rear, seating area. Communal garden to the front of the block, mainly laid to lawn.
Parking One allocated parking space and visitor bays.
We are advised by the vendor the lease details are as follows: Lease length: 999 years from 2001 Ground rent: £150.00 per annum Maintenance/service charge: £2500.00 per annum Services Mains water, electricity, and drainage are connected.
For mobile and broadband connectivity, please refer to Ofcom.org.uk. Please note that none of the services or appliances have been tested by Field Palmer.
Council Tax Band Band B Sellers Position No Forward Chain Offer Check Procedure If you are considering making an offer for this property and require a mortgage, our clients will require confirmation of your status.
We have therefore adopted an Offer Check Procedure which involves our Financial Advisor verifying your position.
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
FAQ
About St Denys! No Forward Chain! Long Lease!
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