2-bedroom flat · GU14 7GU
For saleListed 354 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Guide price £250,000-£265,000** ***Please take 360 tour to appreciate this large apartment** **One of the larger apartments in the development - with wrap around Balcony** **Immaculate presentation throughout** **Lifts to all floors** This immaculate apartment (one of the larger designs on the development at just over 70 square meters) boasts a large open plan Lounge/Kitchen dining room which is also double aspect giving it a a bright and airy feel.
There is also access to the wrap around balcony. The modern kitchen area is fully integrated, with fridge/freezer, washing machine and dishwasher.
There are two good sized double bedrooms, the principal bedroom has a large en-suite. There is also family bathroom. Farnborough is situated in northeast Hampshire near the boundary with Surrey.
The River Blackwater forms part of the boundary. It is located 34 miles southwest of London directly to the south of junction 4 of the M3 motorway.
It’s shopping centre, cinema and some great local schooling as well as the Sixth Form College, Farnborough, which draws in around 3,000 students aged 16 to 19 from the surrounding area and Farnborough College of Technology, a further-education institution specialising in btec, a-level and vocational courses for students aged 16+, making Farnborough a great place to set up home.
Property Ownership Information Tenure Leasehold Council Tax Band C Annual Ground Rent £264.00 Ground Rent Review Period Every 1 year Annual Service Charge £2,412.00 Service Charge Review Period Every 1 year Lease End Date 02/08/2132 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 23 Lincoln Court, Wallis Square, Farnborough
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