2-bedroom flat · SP10 1AL
For saleReduced £20k (−5.9%) on 20 JunListed 219 days
Opportunity summary
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About
Summary We are delighted to present this attractive two bedroom, fourth floor apartment with lovely views over the communal garden.
Ideally positioned close to both the lift and stairs, the property offers surprisingly spacious accommodation throughout.
Description Chantry Lodge is an elegant development of 65 one and two bedroom retirement apartments.
Situated in the picturesque market town of Andover in the Test Valley, The apartment has the added benefit of a communal rooftop terrace.
This attractive two bedroom, fourth floor apartment with lovely views over the communal garden.
Ideally positioned close to both the lift and stairs, the property offers surprisingly spacious accommodation throughout.
The Lounge provides ample room for both living and dining furniture and features a door leading out to the private balcony.
The Kitchen, accessed from the Lounge, is fitted with a range of eye and base level units with work surfaces and tiled splash-backs and includes a built in waist height oven, four ring electric hob with extractor, fridge, and freezer.
Bedroom One is a generous double room with a built in mirrored wardrobe and space for further bedroom furniture if desired. This room also enjoys direct access to the balcony.
Bedroom Two is another well proportioned room, perfect for guests, hobbies, or additional storage needs. There is a bathroom with shower and a separate toilet for convenience.
Agents notes: Chantry Lodge in Andover requires at least one apartment resident to be over the age of 60, and any second resident must be over the age of 55.
This age restriction is in place to ensure the safety and well-being of the residents in this retirement community. Accommodation Cloakroom 2 piece bathroom suite, heated towel rail and extractor fan.
Lounge Door to the front, storage cupboard, radiator and balcony. Kitchen A range of wall / base mounted units, electric oven and hob, window to the front aspect fridge / freezer and washing machine.
Landing Storage cupboard, and airing cupboard. Bedroom One Window to the front elevation, balcony, radiator and built in wardrobe. Bedroom Two Window to the front elevation and radiator.
Bathroom 3 piece bathroom suite including shower, heated towel rail, extractor fan and tiling. Outside The property boasts a communal garden and resident parking.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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FAQ
About 53, Chantry Lodge, Chantry Street, Andover
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