2-bedroom flat · SP11 6YR
Listing removedListed 112 days
Opportunity summary
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About
Graham & Co offer to the market a very well presented top floor two bedroom apartment, in a modern development with a double car port.
Graham & Co offer to the market a very well presented top floor two bedroom apartment, in a modern development with a double car port.
The accommodation comprises of a spacious entrance hall with storage, a light and open lounge with a Juliet balcony and a modern fitted kitchen upgraded by the developers.
There is a family bathroom and two double bedrooms with the master benefitting from an en suite shower room. Outside there is a car port with space for two cars.
Augusta Park has history woven into its fabric with old flint farm walls from East Anton’s time as farmland forming part of a major regeneration programme to this already well-established and bustling Hampshire town.
This is an area with its own rich history.
Andover is the location of a major crossing point of two important Roman roads: The Portway from Winchester to Marlborough, and the Icknield Way, which runs past Augusta Park on its way between Salisbury and Silchester.
The actual site of the crossroads is very close to the development, but excavations in 1970, while revealing many Roman remains, failed to find the exact location.
Now the area is a growing and welcoming community with a community centre, sports pavilion and the Endeavour Primary School already open, together with planned shops and village ‘local area'.
You will feel you belong from the start in a home tailored to modern living set amongst acres of beautifully landscaped open spaces, parks and play areas. Not wanting to travel too far for groceries?
Then the brand new Co-op opened in April 2018 is on the doorstep located in East Anton Farm Road, along with the recently opened pizza takeaway for those not wanting to cook.
Please note that as with most modern housing developments, this property may have a minimal yearly "estate charge". Please ask for further information.
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 7, Draper Close, Andover
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