1-bedroom house · SO41 9PB
For saleListed 153 days
Opportunity summary
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About
DRAFT PARTICULRS - Awaiting verification from the seller **ONE BEDROOM RETIREMENT APARTMENT WITH JULIET BALCONY** Churchill Sales & Lettings are delighted to be marketing this lovely one bedroom ground floor apartment.
The property is presented in very good order throughout and is conveniently located for the Lift and Stairs.
The Living Room offers ample space for living and dining room furniture and benefits from a feature electric fire with attractive surround.
A French door opens to a Juliet balcony and windows provide natural light.
The Kitchen is accessed via the Living Room and offers a range of modern eye and base level units with working surfaces over and tiled splashbacks.
There is a built-in waist height oven, 4 ring electric hob with extractor hood over, a fridge, a frost-free freezer and washer/dryer. A window allows for light and ventilation.
The Bedroom is a generous double room with a very large walk-in wardrobe. There is also plenty of space for additional bedroom furniture if desired.
The Shower Room offers a large, curved shower with handrail, a heated towel rail, WC and wash hand basin with vanity unit beneath.
Perfectly complementing this wonderful apartment is a useful storage cupboard located in the hallway. Call us today to book your viewing!
Knights Lodge is a stylish development of 41 one and two bedroom retirement apartments situated on North Close in Lymington.
The Georgian market town of Lymington is positioned within the New Forest National Park and is situated on the Lymington River on the Solent.
A street market is held in the town every Saturday which attracts visitors from near and far to shop for everyday produce including fruit and vegetables, bread, meat and cakes, as well as clothes, jewellery, local crafts and household items.
Knights Lodge is ideally located for access to the high street which has a mix of national and independent retailers, as well as high street banks, opticians, florists, travel agents, gift shops, supermarkets, cafes and public houses.
Lymington Library is situated on North Close.
The cobbled street of the old town leads you to the Quay where you will find a mixed array of luxury yachts and fishing boats, and where you can take a cruise along the Lymington River.
The town has two marinas and two sailing clubs and is home to the Royal Lymington Yacht Club.
Lymington Town railway station is located in Station Street where South West Trains operates services to Lymington Pier and to Brockenhurst where connecting trains can be boarded for destinations including Southampton, Winchester, London Waterloo, Poole, Weymouth and Manchester.
The Isle of Wight car and passenger ferry operates regularly between Lymington and Yarmouth taking just 40 minutes, making it the shortest and fastest route to the Isle of Wight.
The Lodge manager is on hand throughout the day to support the Owners and keep the development in perfect shape as well as arranging many regular events in the Owners’ Lounge from coffee mornings to games afternoons.
A Guest Suite is available for your friends and family to stay in. In addition, you are entitled to use the Guest Suites at all Churchill Living developments across the country.
Prices are available from the Lodge Manager.
Knights Lodge has been designed with safety and security at the forefront, the apartment has an emergency Careline system installed, monitored by the onsite Lodge Manager during the day and 24 hours, 365 days a year by the Careline team.
A Careline integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Knights Lodge is managed by the award winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Knights Lodge requires at least one apartment Owner to be over the age of 60 with any second Owner over the age of 55. Service Charge (Year ending 31st May 2027): £3,461.01 per annum.
Ground Rent: £822.98 per annum. To be reviewed in June 2032 Council Tax: Band C 999 year Lease commencing 2018 Please check regarding Pets with Churchill Estates Management.
Any consents given in relation to pets are subject to the terms of the lease and any further rules and regulations made by Churchill Estates Management.
Service charges include: Careline system, buildings insurance, water and sewerage rates, communal cleaning, ground source heating, utilities and maintenance, garden maintenance, lift maintenance, lodge manager and a contribution to the contingency fund.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About Knight Close, Lymington, Hampshire
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