2-bedroom flat · RG27 9FJ
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern two bedroom maisonette, built by Cala Homes in 2018, offers bright and well-presented accommodation with the privacy of its own front entrance.
The ground floor features a spacious entrance area, ideal for coats and shoes, with stairs leading to the main living accommodation and a rear lobby benefiting from a storage cupboard and access to the communal garden.
The first floor living space is bright and airy, comprising an open plan living / dining room and kitchen with access to a private balcony.
The kitchen is fitted with integrated appliances, including a washer dryer, oven, gas hob and fridge freezer. Both bedrooms are well-proportioned and served by a contemporary bathroom.
Available on a Shared Ownership basis at a 35% share, the purchase price is £98,000 based on a full market value of £280,000 (please note that staircasing is capped at a maximum ownership of 80%).
Monthly costs include rent of £529.54 on the remaining share and service charges of £208.84.
Eligibility criteria apply, with all purchasers subject to approval by Home Group and required to meet local connection and affordability requirements. Full details will be provided prior to viewing.
Set within the sought after Sheldon's Reach development in Hook, this property benefits from a private balcony and access to a communal garden.
Two allocated parking spaces provide added convenience, while local shops, schools and amenities are close by.
Hook mainline station offers direct services to London Waterloo, with easy access to the M3 and A30 also nearby. An ideal home combining modern maisonette living with excellent transport links.
Lease remaining: 116 Years Service Charge: £118 Per Year - Reviewed: Tbc Ground Rent: Tbc - Reviewed: Tbc Council Tax Band: C Lease details, service charges, ground rent, maintenance charges (where applicable), and council tax are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.
Valuation/Market Appraisal Thinking of selling or struggling to sell? Get in contact with Bridges your experienced, local agents and book your free valuation now!
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
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FAQ
About 1, Lovegrove, Hampshire
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