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See how verdicts work2-bedroom flat · SO32 1NY
For saleReduced £10k (−4.8%) on 14 OctListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A smart, spacious, and nicely presented two-bedroom apartment set in a stylish contemporary development with two bathrooms, and two allocated parking spaces.
The property is set in a fabulous location close to the centre of Bishops Waltham Village, opposite the picturesque North Pond and palace ruins, with some beautiful walks and the historic High Street nearby.
The accommodation includes a living/dining room, fitted kitchen, two good size bedrooms, an ensuite shower room to the main bedroom, and a further modern bathroom.
Outside there are two allocated parking spaces and further visitor parking.
Additional information Materials used in construction: Brick For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Tenure Leasehold 125 Unexpired Years: 107 Annual Ground Rent: £250 Ground Rent Increase: £250 (Will only happen when there is 100 years left on the lease) Ground Rent Review Period: Annual Annual Service: £2,200 approx.
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Situated in the popular market town of Bishops Waltham, Elim Close is a desirable residential location offering convenient access to the town centre, with its excellent range of shops, cafés, restaurants and everyday amenities.
The area also benefits from a selection of well-regarded schools, attractive countryside and excellent road links towards Winchester, Southampton and the surrounding towns and villages.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
About 32, Elim Close, Southampton
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