2-bedroom flat · SO41 9JY
For saleListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and spacious first floor apartment having an excellent balance of accommodation, situated within this sought after and well-maintained development quietly away from the road with easy access to Lymington Town Centre.
The accommodation comprises: (All measurements are approximate) External Staircase to Communal Hall Store cupboard and Front Door Hall Access to loft space and door to Sitting/Dining Room 20’5 x 13’1 Sitting Area - Radiator, television point, leading to Dining Area with wood flooring, downlighters and opening to Kitchen 9’7 x 7’10 A range of floor standing and wall mounted cupboards and drawers with one and half bowl stainless steel sink, four ring electric hob with extractor over, oven below, space for fridge freezer and space for dishwasher, wall mounted Worcester gas fired boiler, tiled surround to work surfaces, wood floor, downlighters.
Bedroom One 13’9 x 10’6 A range of wardrobe cupboards, radiator. Bedroom Two 10’6 x 8’6 Radiator and wardrobe cupboards.
Bathroom Suite comprising bath with shower over, wc, vanity basin with cupboards below, towel rail, part tiled walls. Outside Communal grounds.
Garage 17’4 x 7’9 Single garage with power and plumbing, located in a block.
Council Tax - C EPC Rating – D Lease – 999 Years from 1968 & Share of Freehold Service Charge - £1,400 per annum Long and Short Term Lets Available
Value & comps
No previous sales on record.
Returns
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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 12, Grosvenor Mews, Lymington
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