1-bedroom flat · GU51 2AE
For saleReduced £10k (−4.1%) on 20 JunListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented in excellent order throughout is this spacious top-floor apartment built approximately 3 years ago and situated within walking distance of Fleet train station.
The property offers a spacious reception room, modern bathroom, double bedroom and allocated parking. With generous living space, this well-maintained home is ideal for first-time buyers or investors.
The Property Accessed via a secure entry system, access to the top floor can be gained via the lift or stairs.
Through the front door and into the entrance hall which leads to the bedroom, living area, bathroom and storage cupboard with washing machine.
The living area has been thoughtfully considered, offering both living and dining areas with private elevated views. The kitchen provides both eye and base level units with ample work surface area.
There is an array of fitted appliances including a double cooker, fridge freezer, dishwasher and 4 ring gas hob with extractor above.
The bedroom is generously arranged and provides plenty of space for standard bedroom furnishing.
The bathroom offers a three piece suite with WC, wash hand basin and an enclosed bath with shower attachment. The Grounds Externally, the apartment benefits from allocated parking and visitor spaces.
The grounds surrounding the development are neatly presented, with shared areas maintained for the benefit of residents.
The wider setting places the building within walking distance of the nearby Fleet train station, making it well suited to commuters or those seeking regular transport links.
Agents Note Lease details are as follows: Years remaining on the lease: 119 years, service charge: £1400 per annum, ground rent: £0.
All details should be verified by a purchasing solicitor prior to the exchange of contracts.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 21, Lorica House, Fleet Mill, Minley Road, Fleet
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