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See how verdicts work2-bedroom flat · PO11 9BZ
For saleListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful ground floor two bedroom flat, occupies one of the most desirable positions, within this well maintained development of just twelve flats.
Designed exclusively for residents aged 60 and over, it offers an ideal setting. Mengham shops, the Health Centre and nearby bus stops are just a short walk away.
We are advised that the property has recently benefited from a lease extension and now offers approximately 166 years remaining.
The flat features from a south facing lounge / diner with double doors opening onto a patio area, fitted kitchen, bathroom plus an en-suite shower room and an allocated car parking space.
We are informed that the property is being sold with no onward chain. Viewing is strictly by appointment only through Hugh Hickman and Son.
The accommodation comprises:- COVERED COMMUNAL PORCH Entry phone system. Oak front doors to: COMMUNAL ENTRANCE HALL Lift and staircase to the first floor.
Attractive front door to: Flat 5 ENTRANCE HALL High level cupboard with electric meters. Deep built in cupboard with an electric light and space for tumble dryer. Night storage heater.
Intercom system. Further built in storage cupboard plus built in airing cupboard housing hot water tank. Coved ceiling. LOUNGE / DINER 18' x 12'4" (5.49m x 3.77m) into large South facing bay window.
UPVC double glazed double doors to: Own small patio area. UPVC double glazed side windows. Further East facing UPVC double glazed window. Two night storage heaters. Two wall lights. Coved ceiling.
Ample room for dining table. Access through to: KITCHEN 8'5" x 7'11" (2.57m x 2.41m) Fitted on three sides. Ample worktops with drawers and cupboards under. Matching high level cupboards on two walls.
Walls part tiled. Large white 1¼ bowl sink unit with mixer taps. UPVC double glazed window. Fridge / freezer. Oven and microwave. Beko washing machine. Inset ceramic hob with an extractor over.
Four inset ceiling lights. Coved ceiling. BEDROOM 1 15'2" x 10'11" (4.62m x 3.32m) max. Two wall lights. Night storage heater. Two UPVC double glazed windows to the rear. Coved ceiling.
Four door built in wardrobe. Door to: EN SUITE SHOWER ROOM 6'9" x 6'2" (2.06m x 1.87m) Corner fully tiled shower unit with double sliding doors and a hand rail. Walls fully tiled.
Full length unit with circular inset wash hand basin, mixer taps, cupboards under and low level WC. Hand rail. UPVC double glazed window with obscured glass. Extractor. Mirror. Medicine cabinet.
Chrome heated towel rail. Coved ceiling. Light with a shaver point. BEDROOM 2 10'11" x 8'6" (3.34m x 2.58m) Electric heater. UPVC double glazed window to the front.
Coved ceiling BATHROOM 6'9" x 6'2" (2.07m x 1.88m) Panelled bath with mixer taps, shower attachment and hand rail. Unit with inset circular wash hand basin, cupboard under and low level WC.
Walls fully tiled. Mirror. Shaver point / light. Coved ceiling. Extractor. Heated towel rail. OUTSIDE Own car parking space. Attractive well laid out communal gardens with seating areas.
Concealed bin area. ADDITIONAL INFORMATION We are informed of the following:- All carpets, curtains, blinds and light fittings are included. Service charge is approximately £2,500 per annum.
No ground rent payable. The lease we are informed has approximately 166 years remaining.
Council tax band C - Havant Borough Council VIEWING STRICTLY BY APPOINTMENT THROUGH HUGH HICKMAN AND SON Please note the services and appliances have not been tested and all measurements are approximate.
Photographs are reproduced for general information and it must not be inferred that any item is included for sale with the property.
Opening Hours : 9.00 am to 5.30 pm Monday to Friday 9.00 am to 3.00 pm Saturday
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.
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About St Leonards Avenue, Hayling Island
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