How much is 3, Alton?

The asking rent is £2,365 a month.

3, Alton, GU34 1GZ

1-bedroom flat · GU34 1GZ

1,324 sq ftEPC BA stunning selection of one-bedroom and two-bedroom Retirement Living properties · London Waterloo is only an hour away by train · A short walk away from Waitrose and the High Street

Asking rent

£2,365/mo

No longer listedListed 382 days · slow let

Retirement

Investor metrics

Opportunity summary

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About

The property

Overview Enjoy all the benefits of a McCarthy Stone retirement community with our assured, affordable and flexible tenancies, so you can rent your property for as long as you want (subject to a minimum term). Summary Queen Elizabeth Placeis a stylish development of 43 one and two bedroom Retirement Living apartments designed to make everyday life easier and more enjoyable.

Ideally located just a short walk from Waitrose and the High Street, with London Waterloo around an hour away by train, this welcoming community offers low-maintenance living with peace of mind.

Residents enjoy a communal lounge, landscaped gardens, lifts to all floors, a House Manager, camera entry system and 24/7 call system.

Pets are welcome, parking is available, and a guest suite is provided for visiting family and friends. These thoughtfully designed homes are available to buy now.

Enjoy all of the benefits of a McCarthy Stone retirement community with our assured, affordable and flexible tenancies, so you can rent your property for as long as you want (subject to a minimum term).

Renting in retirement provides a wealth of benefits including one monthly fee, removing any worries you may have about the upkeep of your property and the grounds.

You can move in at your pace, knowing there's long-term security with one of our Assured Tenancies and settle in to your new home with minimum fuss.

Apartment 3 is a spacious ground floor, one-bedroom apartment with access to a private terrace overlooking the landscaped gardens.

The bedroom features a walk-in wardrobe and the apartment benefits from added storage in the utility cupboard.

There is a separate shower room and fully fitted modern kitchen also overlooking the gardens.

Council Tax Council tax band: B Reservation Deposit Reservation deposit: £500.00 (to be offset against your initial payment and fully refundable should your Tenancy not proceed) Security Deposit Security deposit: £2728.85 (equivalent to 5 weeks rent of the apartment only, excludes any parking space rent)

Retirement

Key information

Availability

Available now

Check availability with the agent

Floor area

1,324 sq ft (123 sq m)

Council tax band

Band B

Estimated ~£1,400/year

EPC rating

currentEPC register (2024) says DView certificate

Tenure

Leasehold

Property age

Built before 1900

Local authority

East Hampshire

District

County

Hampshire County

Property features

A stunning selection of one-bedroom and two-bedroom Retirement Living properties
London Waterloo is only an hour away by train
A short walk away from Waitrose and the High Street
Camera entry system, shared gardens and communal lounge
Walk-in wardrobe
Patio
Walk out balcony
North West facing
Camera entry system
Communal lounge

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

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Model

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Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.