1-bedroom flat · SO45 6EE
For saleReduced £24.9k (−25%) on 15 AugListed 1323 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance hall Intercom for door entry, telephone point, large airing cupboard with shelving, consumer unit and fridge to remain. Lounge c.4.51m x 3.24m (14'9" x 10'7").
Recently installed replacement electric radiator, TV and telephone points, 2 wall lights, 2 windows and glazed door leading directly to communal garden area. Arch to.
Kitchen c.2.20m x 1.64m (7'2" x 5'4").
Having been refitted with range of cream coloured gloss units, comprising inset stainless steel sink and drainer sink unit with cupboards and drawers below, adjoining worktop with space for appliance, 2 base units with cupboards, wall cupboards, 'Baumatic' electric ceramic hob with stainless steel extractor hood over, 'Baumatic' electric oven below, extractor fan, 3 fully tiled walls.
Bedroom c.3.45m x 2.66m (11'4" (excluding wardrobes) x 8'8").
With range of white gloss wardrobe units with box cupboards above bed area and 2 bedside cabinets, replacement electric radiator, window overlooking small communal garden area.
Shower room Having been refitted with fully tiled walls with white suite comprising wide shower cubicle with 'Triton' shower, WC with concealed cistern, wash hand basin in vanity unit, chrome heated towel rail, extractor vent.
Outside Communal lawned areas. Council tax band 'B' - payable 2022/23 - £1,564.91 EPC rating 'C'. Gross square measurements 37.1 sq. Metres (399 sq. Feet) approx.
Tenure The Agents are advised this property is leasehold with the residue of a 99 year lease from 1st September 1984. Ground rent is £449.96 per annum (paid half yearly).
The annual service charge is £2,696.60 per annum (paid half yearly).
Directions Leave Hythe via Prospect Place turning left at the mini roundabout into Jones Lane and first left into Brinton Lane, where Homeborough House will be seen on the corner on the left hand side.
Note paul jeffreys have not tested any appliance mentioned in these particulars, including central heating and services and cannot confirm that they are in working order.
All photographs are for guidance and items within the photographs may not be included in the sale.
Note floor plan is for guidance only Viewing strictly by appointment - open 7 days A week Pmd/sw/02.23
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.
Area
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FAQ
About 9, Homeborough House, Hythe
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