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See how verdicts work3-bedroom flat · SO41 9ET
Sold STCListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned and beautifully presented, three double bedroom, two bathroom first floor apartment with lift access, two balconies and a garage, set within attractive communal grounds.
The building is accessed via a secure entryphone system, with stairs and a lift rising to the first floor and the apartment’s front door.
Inside, the accommodation includes a bright, double aspect living room with a window to the side and French doors opening onto a covered balcony.
The kitchen is fitted with a comprehensive range of cabinets and integrated appliances. The principal bedroom has an en suite shower room, built-in wardrobes and enjoys a balcony.
Bedrooms 2 and 3 are good sized doubles and are served by the main bathroom. Outside, the property is set in well-kept communal grounds and has a garage located in a nearby block.
The lease is 125 years from 2006. The service charge is £2,248 per annum and the ground rent is £325 per annum.
Lymington is a thriving Georgian market town perfectly positioned between the New Forest National Park and the Solent coastline.
Its vibrant High Street blends well-known names like Marks & Spencer and Waitrose with a variety of independent boutiques, cafés, restaurants, pubs, and tea rooms.
The town also provides an excellent choice of salons, beauticians, and everyday amenities.
The popular Saturday market brings a lively atmosphere to the town each week, attracting both locals and visitors.
For those who enjoy life on the water, Lymington is a sailing hotspot, with two marinas and yacht clubs offering direct access to the Solent.
Nearby beaches and scenic coastal walks add to its outdoor appeal. On land, the surrounding New Forest offers endless opportunities for walking, cycling, and horse riding.
Local sports and leisure facilities include a golf course, tennis and bowls clubs, cricket and rugby grounds, a football club, skate park, and play areas.
The Recreation Centre features a 25m indoor pool and fitness classes, while the historic open-air seawater baths offer summer fun beside the river.
Lymington also has a community centre, small cinema, library, and a range of infant, junior, and secondary schools all within walking distance of the town centre.
It’s this combination of location, amenities and lifestyle that makes Lymington one of the South Coast’s most sought-after places to live.
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
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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
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FAQ
About 5 Cavendish Place,, Avenue Road, Hampshire
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