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See how verdicts work1-bedroom flat
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly regarded Bishopstoke Park Retirement Village, exclusively for those aged 65 and over, Spence Close is a spacious one-bedroom ground-floor apartment offering comfortable and well-proportioned accommodation, its own patio area and convenient parking positioned to the front of the property.
The apartment is approached via a welcoming entrance hallway, which provides access to the principal accommodation and creates an excellent first impression.
At the heart of the home is the generous open-plan living and dining room, offering ample space for both comfortable seating and a dining table.
Large windows allow plenty of natural light into the room, while direct access leads out onto the apartment's own patio area, providing a pleasant space to sit outside and enjoy the attractive surroundings.
Positioned separately from the main living area is the well-appointed kitchen, fitted with a comprehensive range of units and complemented by integrated appliances, providing a practical and neatly presented space.
The generous double bedroom provides plenty of room for bedroom furniture and benefits from its own en-suite shower room.
The en-suite is particularly spacious and incorporates a large walk-in shower, creating a practical and easily accessible arrangement.
Externally, the property enjoys its own patio area overlooking the attractive surroundings, while parking is conveniently available to the front of the building.
A particular attraction of the property is its position within Bishopstoke Park, Hampshire.
Set amongst approximately 32 acres of beautifully maintained landscaped grounds and woodland, the village has been designed to combine independent living with an excellent range of facilities and additional support should it ever be required.
Residents have access to an impressive selection of amenities, including Antlers Restaurant and Bar, The Mount Wellness Centre with heated swimming pool, spa, sauna and gym, an on-site hair salon, village shop and café, library and resident lounge areas.
The extensive grounds also provide woodland walks and communal gardens, while a varied programme of activities and events creates an active and welcoming community for those wishing to participate.
Overall, Spence Close represents an excellent opportunity to enjoy a comfortable and independent lifestyle within one of the area's most established retirement villages, combining a spacious ground-floor apartment with private outside space and an exceptional range of facilities on the doorstep.
Unexpired Years: 116 Annual Ground Rent: £500 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service: £ 8892.44 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.
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.
Spence Close is situated within the popular Bishopstoke area of Eastleigh, offering a convenient setting for access to a range of local amenities and everyday facilities.
The surrounding area provides a selection of shops, schools, leisure facilities and countryside walks, while Eastleigh town centre is within easy reach and offers a wider range of shopping, dining and entertainment options.
There are excellent transport links nearby, providing convenient access to Southampton, Winchester and surrounding areas, with the M3 and M27 motorway networks also readily accessible.
Southampton Airport and Eastleigh railway station are within easy reach, making the location particularly well suited to commuters and those requiring convenient connections further afield.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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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About Spence Close, Hampshire
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