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See how verdicts work3-bedroom flat · SO53 1FP
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THREE BEDROOM FIRST FLOOR APARTMENT Situated in a highly sought-after residential location, this apartment in Merdon Court offers an exceptionally spacious and versatile first-floor property, which is well presented throughout.
Positioned along desirable Merdon Avenue, the property delivers ultimate day-to-day convenience, placing Chandlers Ford town centre, local shopping, cafes and everyday amenities within easy reach, while also providing seamless access to public transport links for commuters heading toward Southampton or Winchester.
The accommodation offers a light-filled lounge designed as a comfortable main reception space, featuring sliding doors that open directly onto a private balcony overlooking the leafy, well-tended communal gardens.
Adjacent to the reception room sits a functional kitchen/diner equipped with ample cabinet storage and dedicated space for standard freestanding appliances.
Servicing the apartment is a well-appointed family shower room as well as a second separate W.C.
A standout feature of the apartment is its flexible layout, incorporating three well-proportioned bedrooms.
Reflecting its versatile nature, one of the bedrooms is currently utilised as a formal dining room, making it equally well-suited to serve as a dedicated work-from-home office, hobbies room or secondary living space depending on individual requirements.
Outside, the block is surrounded by neat communal grounds, and the apartment comes complete with its own garage. There are also several communal parking bays.
Providing exceptional peace of mind and financial stability, the apartment is being sold with a Share of Freehold, an unusually long underlying lease with approximately 935 years remaining and no ground rent charges.
Additional Information Tenure: Share of Freehold Lease Remaining: 935 years Yearly Service Charge: £2000 01/04/2026 - 31/03/2027 Annual Ground Rent: £0 Parking: Garage and Communal Parking Utilities: Mains Electricity Mains Water Drainage: Mains Drainage Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: C DRAFT DETAILS We are awaiting verification of these details by the seller(s).
ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER.
YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
Should your offer on this property be accepted, a Buyer Compliance Administration Fee of £42 including VAT per purchaser will be payable.
This fee covers the cost of the identity verification and compliance checks that we are required to undertake under UK Anti-Money Laundering Regulations before the transaction can proceed and is non refundable.
VIEWING Strictly through the vendors agents Goadsby
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
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