1-bedroom flat · SO51 7NR
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fully refurbished one bedroom flat with off-road parking located within a popular residential area of Romsey. The well presented accommodation briefly comprises; ENTRANCE HALL: Front door to property.
Stairs to first floor. LANDING: Airing cupboard. Doors to all rooms. LOUNGE: Light and airy living room.
KITCHEN: Modern fitted units with brand-new gas hob/electric oven, washing machine and fridge/freezer. Space for dishwasher or condensing tumble-dryer. BEDROOM: Good size double bedroom.
BATHROOM: Modern white suite comprising WC, wash hand basin, bath with shower over and large storage cupboard housing boiler.
The property further benefits from gas central heating, double glazing, off-road parking for one car and private rear garden with brick built storage shed.
DEPOSIT: £1067.00 (TO BE REGISTERED WITH THE TDS) EPC: C COUNCIL TAX: Test Valley Borough Council, Band: A WEEKLY PRICE: £213.46 BROADBAND: Current supplier; UNKNOWN.
Virgin Media and OpenReach available in area speeds from 12Mbps, faster speeds up to 1800Mbps available.
Information obtained from OFCOM - It is recommended that the occupier checks with the service provider for connectivity.
MOBILE SIGNAL: Listed as good outdoor and in-home by OFCOM UTILITIES: Mains supplied A holding deposit of one week's rent will be required to secure the property.
This fee is payable at the time of application for the tenancy and will be held for up to 15 calendar days whilst reference checks and preparation for the tenancy agreement are undertaken.
The holding deposit can be retained should the applicant fail the Right to Rent check, provide false or misleading information that would affect the Landlord's decision to grant the tenancy, the applicant withdraws from the tenancy, or the applicant fails to take all reasonable steps to enter into a tenancy agreement.
In Tenancy Penalty Fees apply, see website for details.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Romsey Viney Avenue UNFURNISHED
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