Studio flat · SO40 4LE
For saleReduced £2.5k (−2.3%) on 26 SepListed 74 days
Opportunity summary
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About
* no forward chain * A first floor studio flat located in a popular location benefitting from allocated parking, well maintained communal gardens and a share of the freehold The accommodation is arranged as follows: Entrance hall Access to loft, storage cupboard studio room 13’8 x 10’10 (4.17m x 3.30m) storage heater (2020), windows to front and side, opening to: Kitchen 6’11 x 5’7 (2.11m x 1.70m) a range of units to wall and base level, stainless steel sink unit with drainer, electric cooker (2024), washing machine (2021), space for fridge freezer, tiled surrounds, window to side bathroom 6’6 x 4’10 (1.98m x 1.47m) bath with electric shower over, low level W.C., wash hand basin, airing cupboard, extractor fan Outside communal gardens The communal gardens are mainly laid to lawn with washing lines, picnic benches and communal bin area Parking One allocated parking space Price £110,000 leasehold Lease 200 years from 1990 (owners have a 1/12th share of the freehold) Maintenance charge Believed to be £45.00 per month which includes buildings insurance, cleaning of communal areas, gardening, communal electricity and ground rent Council tax Band ‘A’ - 1,640.23 per annum for 2026/2027 Nb None of the appliances, fixtures and fittings and other items mentioned within these particulars have been tested and we cannot guarantee that they work as described
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.
Area
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FAQ
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