Studio flat · GU34 2TF
Let agreedListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly redecorated first floor studio apartment, ideally located within the sought after Racecourse location and is walkable to Alton town, parks, cafes and mainline station to Waterloo.
Upon entering, there is an open-plan living / sleeping area. Off this main area, there is a door through to the modern kitchen.
There is also a door to an inner lobby area with integrated storage, which leads through to the shower room. The apartment also benefits from designated parking and a communal garden.
Would best be suited to a single occupant. Ultrafast broadband is available (source: Ofcom).
For mobile signal, please check Alton is a bustling market town where there is a Waitrose, M&S food store and Sainsburys, along with a good selection of local shops and facilities.
There is good road access to London, the M25 and beyond via the A31 heading south.
There is direct mainline rail access to London, with Heathrow/Gatwick airports an hour away and Southampton airport about half an hour away.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Salisbury Close, Alton, Hampshire, GU34
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