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See how verdicts work3-bedroom flat · BH25 6FE
Listing removedListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very good quality, purpose built, three bedroom apartment, situated on the second floor with distant views to the Isle of Wight, conveniently situated within a short level walking distance of the town centre and being offered in excellent order throughout.
No chain.
Communal entrance with security entry phone system, stairs and lift to second floor, personal front door to: Spacious Reception Hall Good sized built in airing cupboard housing pressurised hot water cylinder, further built in storage cupboard, wall mounted security entry phone system, further built in coats/storage cupboard.
Sitting/Dining Room 27'3" (8.3) x 18'4" (5.6) narrowing to 7' (2.13) at dining end Feature fireplace, double opening doors with Juliet balcony to the side of the property, further window to rear.
Double opening doors lead to a balcony to the front of the building providing a very pleasant sitting out area with distant views towards the Isle of Wight.
Kitchen 11'11" x 9'8" (3.63m x 2.95m) Fitted modern kitchen comprising bowl and a third single drainer sink unit with mixer taps, good range of work surfaces with abundance of soft close drawers and cupboards below, inset four ring Bosch gas hob with extractor hood over, further built in double oven and integrated microwave, integrated dishwasher and washing machine, further work surface incorporating breakfast bar, range of matching wall mounted units, tiled flooring, cupboard housing Gloworm gas fired central heating boiler, window to front.
Bedroom One 15'6" x 12'2" (4.72m x 3.7m) Range of built in mirror fronted wardrobe cupboards, window to front.
En Suite Shower Room Being fully tiled comprising twin sink units with mixer taps and storage cupboard below, low level w.c., corner tiled shower cubicle with shower over, heated towel rail, two wall light points incorporating shaver sockets, tiled flooring.
Bedroom Two 10'7" x 9'6" (3.23m x 2.9m) Window to rear. Bedroom Three/Study 10'5" x 7'1" (3.18m x 2.16m) Window to rear.
Bathroom Being fully tiled comprising inset wash hand basin with mixer tap, storage cupboard below, low level w.c., bath with mixer taps and shower attachment, heated towel rail, tiled flooring, window to rear.
Outside The property is set in well tended communal gardens, being well planted with a mature array of shrub and flower borders.
Garage 19'3" x 9' (5.87m x 2.74m) In nearby block to the rear of the property with pitched roof, power and lighting, electric up and over door. Further residents and visitors parking.
Note The property has the remainder of a 125 year lease from 2008. There is an annual maintenance charge and ground rent payable.
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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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
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FAQ
About 9, Swallows Ridge, 18, Osborne Road, Hampshire
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