2-bedroom flat · PO9 5AL
Sold STCReduced £10k (−8.3%) on 23 MayListed 229 days
Opportunity summary
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About
A very good sized, newly decorated apartment with large living room, 2 double bedrooms, fitted kitchen and bathroom, gas central heating and uPVC double glazing. Close to shops.
Excellent for first time buyer or investment buyer and offered with no forward chain.
This well-presented and spacious flat is located in the heart of Greywell, with a choice of shops and cafes within a very short walk, including a Lidl supermarket, a Costa coffee shop and a gym.
The flat has exterior deck access and has recently been redecorated, including new carpeting. Additional benefits include gas central heating and uPVC double glazing.
This flat offers a great first time buy or an investment opportunity on a buy-to-let basis. An exterior staircase leads directly to the second floor deck access to the flat.
A hallway gives access to all the rooms, with the very well-proportioned living room and larger of the two double bedrooms to one side.
To the end of the hallway is the second double bedroom, with a bright, southerly aspect.
The kitchen also has this bright, southerly aspect and currently features a range of fitted base and wall units with space for a cooker, along with space and plumbing for a washing machine.
The bathroom features a white suite comprising a panel bath, wash basin and toilet. Lease: 125 years from 13th September 2002.
Service Charge: £1,104.92 pa Ground Rent: £150 pa (Increasing to £250 pa in September 2027) Insurance: £332.82 pa
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 Greywell Road, Havant, Hampshire, PO9
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