2-bedroom flat
For saleListed 1 day
Opportunity summary
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About
A well presented 2 bedroom 1st floor retirement apartment with a south facingbalcony in Mary Rose Mews.
This age exclusive (minimum age 60 years) late 1990’s apartment is cleverly planned and allows independent access to all the rooms except the kitchen.
The living toom has a balcony which takes full advantage of a vista over the park like grounds of the Grade 1 listed Adams House.
There is replacement uPVC double glazing, electric storage/underfloor/ceiling heating, emergency pull cords and TV aerial and phone sockets subject to connections. Chain-Free sale.
Mary Rose Mews is an architect designed complex of 46 age exclusive apartments served by 2 lifts and set in the delightful broad level grounds of the Brendoncare Care Centre.
Situated on the easterly side of Alton's historic town centre, Mary Rose Mews has a Waitrose store, the station (Waterloo line), bus services, Anstey Park, St Mary's rc Church, Wilson Practice Surgery, a dental surgery and Anstey Road Pharmacy in the neighbourhood.
The town affords a variety of individual and multiple shops, stores such as Boots, M&S and Sainsbury's, weekly and specialist open air market events, a library, further churches, restaurants, hotels and inns, cultural facilities and an interesting history with connections to the English Civil War, Jane Austen and hop growing.
The apartment is part of the Brendoncare charitable foundation-a much-admired scheme which supports older residents to maintain their independence with peace of mind.
The close care team at Mary Rose Mews are qualified carers and provide an on site carer for emergency assistance 24hrs a day.
There is a residents lounge, well-tended communal courtyard gardens and seating areas. Regular social gatherings are organised for residents and by residents.
Additional services that can be accessed are numerous and include : - Packages of care, Delivery of meals prepared on site in the neighbouring Brendoncare Nursing Home - Hair salon, Convenience shop and Church Services - Regular programme of activities arranged by dedicated activities team.
Mary Rose Mews is ideally located on the immediate outskirts of Alton Town centre with convenient access to : Medical centre ( a short walk away), Waitrose supermarket, Local bus services and Alton railway station (rail service to London Waterloo)
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.
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