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See how verdicts work1-bedroom flat · SP11 6YR
Listing removedListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in Draper Close, Andover, this one-bedroom apartment offers an open plan kitchen/living room, spacious bedroom and bathroom complete with bathtub.
The apartment opens into a spacious, open-plan kitchen and living area, providing ample space for both cooking and relaxing.
The kitchen is fitted with both wall-hung and base-level units, offering plenty of space for storage.
The kitchen also features a selection of integrated appliances such as a oven, hob, dishwasher, washing machine, dryer and fridge freezer.
This space flows into a comfortable living area that features a front facing Juliette Balcony, allowing natural light to enter the room.
The bedroom is uniquely shaped and generously sized at 17'8" x 6'8", offering flexibility for furniture arrangements.
A centrally positioned bathroom includes a full-sized bathtub with overhead shower, WC, and basin.
The home provides further storage space in both the integrated storage cupboard located in the hallway, and a loft space.
Externally, this property provides an allocated parking space for additional convenience, and further visitors spaces are available.
The property may be ideally suited to a first-time buyer, downsizer, or investor looking for a low-maintenance, conveniently located home close to local amenities and transport links.
The home is located only 0.2 miles away from Finkley Down Farm, an award winning farm and adventure park. Other local green spaces can also be found nearby.
The ground rent for this property is £150 per annum, and the service charge is £2200 per annum (that can be payable monthly). The lease term on this property was 125 years from 29 September 2017.
There is 117 years remaining on the lease.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Draper Close, Andover, SP11 6YR
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