2-bedroom flat · SO41 0QX
Listing removedListed 285 days
Opportunity summary
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About
Situated within walking distance of all Milford on Sea's village amenities, this two bedroom, second floor apartment is also located within a short distance of Hurst Spit and Keyhaven Yacht Club.
The property enjoys views towards the Isle of Wight and Needles, as well as a garage, parking and communal garden.
The communal entrance door with staircase leads to the second floor landing and door to number 6.
The door opens into the sitting/dining room which enjoys lovely views out over Milford to the Needles and Isle of Wight.
The sitting/dining room then leads into the kitchen which is fitted with a modern range of floor and wall mounted units and a range of shelving.
The kitchen has vinyl flooring and also benefits from views over to the Isle of Wight and Christchurch Bay.
Appliances include a stainless steel single bowl single drainer sink unit with mixer tap, a ceramic hob with electric oven under, an integrated fridge and freezer and there is space for a washing machine.
From the sitting room there is an inner hallway with access to the roof space with pull down ladder which has been boarded and has power.
Bedroom one is a double bedroom and has fitted wardrobes with shelving and a recess for a double bed. Bedroom two is also a double room.
The family shower room is fitted with a modern suite comprising a shower enclosure, a vanity unit with drawers under, a WC, fully tiled walls and vinyl tiled floor.
To the rear of the block is a garage and parking space. The gardens are maintained under contract by the Greenlea Management Company.
Directions - From our office in the High Street proceed up into St Thomas Street joining the one way system in the left hand lane joining the A337.
Continue down the hill, over the roundabout and past the Shell garage and proceed along this road for approximately one mile.
Just passing the village at Everton turn left onto the B3058 signposted Milford on Sea continuing along past the Primary school and down toward the village turning left by the village green.
At the bottom of the hill turn right and proceed down Keyhaven Road, where the apartment block will be found along on the left hand side. Services - All mains services are connected to the property.
Council Tax Band - B EPC Rating - C Lease - 189 years from 29th September 1986 (151 years remaining) Maintenance - £1,400 per annum includes building insurance, window cleaning, gardening and maintenance of the communal hallways, communal lighting and communal cleaning.
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
Agent & docs

FAQ
About Greenlea, Keyhaven Road, Milford on Sea, Lymington, Hampshire
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