2-bedroom flat · SP10 3LN
For saleListed 203 days
Opportunity summary
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About
Tenure: Leasehold Benefitting from an excellent location close to numerous local amenities as well as Andover's mainline railway station, which is less than half a mile away, this light and airy, two-bedroomed, top floor apartment offers an ideal opportunity to make that first step onto the property ladder.
Well presented throughout, the accommodation comprises an entrance hallway, a generous living/dining room, a kitchen, a good-sized master bedroom with an ensuite shower room, a second bedroom and a separate bathroom.
Outside, there are attractive, well-maintained communal gardens that wrap around the property, plus a garage with allocated parking. The property is available with No Onward Chain.
There are communal entrances to the building from the front and to the rear where the garage and allocated parking are located.
A buzzer entry system allows access into a communal entrance lobby with stairs to all floors.
The front door of the apartment is accessed via a communal landing area and leads into an entrance hallway with a recessed window to the front.
The living/dining room, a light and airy, expansive space, has a front aspect and an open plan flow into the kitchen, with a window to the rear.
The kitchen includes worksurfaces with tiled splashbacks, an inset gas hob with an oven/grill below, plus a freestanding fridge/freezer and washing machine.
A built-in cupboard with shelving houses a wall-mounted gas combi boiler.
The master bedroom has a window to the rear and includes built-in wardrobe storage as well as the adjoining ensuite shower room with WC and hand wash basin.
The second bedroom, a very good sized single, has a window to the front and also has a generous built-in storage and is serviced by the bathroom.
Andover offers a range of shopping, educational and recreational facilities, including a college of further education, a cinema, theatre and leisure centre.
The mainline railway station is just half a mile away, and runs a direct route to London's Waterloo in just over an hour, whilst the nearby A303 offers good road access to both London and the West Country.
The property is located off Weyhill Road via Denning Mead, which is a quiet cul-de-sac west of the junction of Weyhill Road and Salisbury Road.
The location benefits from a number of nearby local amenities including convenience stores, one of which has a post office, various fast food outlets, public houses, a supermarket, petrol stations, a country store and a renowned bakery and fish and chip shop.
Andover's hospital is just over half a mile away, as are dental and gp practices, plus Charlton village, which has further local amenities, including an extensive leisure park.
Andover's town centre is just under a mile from the property with other local amenities, including Rooksbury Mill Lakes Nature Reserve, and the outlying villages of Upper Clatford and Goodworth Clatford are also a short distance away.
The Test Valley lies just beyond the Clatfords', which includes nearby Stockbridge, which offers an abundance of independent specialist shops, tearooms, pubs and restaurants, many of which serve local produce.
The property is Leasehold with 102 years remaining on the lease. Ground rent of £97 with a Management Fee of £1325 both paid six monthly. EPC Rating: C
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.
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About 6 Greenly Court Denning Mead, Andover
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