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See how verdicts work2-bedroom flat · SO41 9BA
For saleReduced £10k (−3.9%) on 27 JunListed 329 days
Opportunity summary
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About
A very well presented two bedroom apartment on the ground floor of this modern development less than 350 metres from Lymington High Street.
The apartment has a balcony and informal front terrace overlooking communal gardens as well as two car parking spaces.
This charming apartment is set in a peaceful development just moments from the centre of Lymington.
The nearby High Street offers a wide range of national stores and independent boutiques as well as numerous cafes, pubs and restaurants.
Lymington’s historic quay is at the bottom of the high street and the nearby sailing facilities are a magnet for sailors.
The New Forest lies to the north and offers a wide range of walks and rides across the open countryside.
Lymington has a railway station offering services to London Waterloo via Brockenhurst in a little over two hours.
This well proportioned and sensibly arranged ground floor apartment has been very well maintained and is presented to a good standard throughout.
The front door opens to an entrance hall with store cupboard. Opening off the hall is a generous sitting room with feature fireplace and French windows opening onto a balcony.
There is a well fitted separate kitchen complete with integrated appliances and white goods, comprising a fridge, washing machine and full size dishwasher are included in the sale.
There are two double bedrooms, one of which has French windows to a paved terrace that forms part of the communal gardens and also has an en suite bathroom.
The second bedroom, also a double, is served by a shower room accessed from the hall.
There is a large terrace area immediately adjacent to one of the bedrooms which forms part of the communal gardens. It is west facing and provides a pleasant place to sit and enjoy the evening sun.
There is an east facing balcony opening off the sitting room and there are landscaped gardens with mature, well maintained planting across the development.
To the rear of the apartment are two private parking spaces.
Additional Information Tenure: Leasehold Lease Term: 155 years from 1 April 2003 Lease Term Remaining: 132 years Annual Service Charge: £1,920.00 per annum Annual Ground Rent: Approximately £125.00 per annum Ground Rent Review Period: Tbc Council Tax: D Energy Performance Rating: C Current: 78 Potential: 80 Utility Supplies: Mains electric, water and drainage Heating: Gas central heating Broadband: Superfast Broadband with download speeds of up to 80 Mbps are available at the property (Ofcom).
Pets: At the discretion of the Management Company Holiday Lets: No Long Term Lets: Yes Parking: Two allocated spaces within communal car park
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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FAQ
About 55 Exbury Court, Hillcroft Close, Lymington
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