1-bedroom house · SP10 1AL
For saleReduced £4k (−2.7%) on 6 OctListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to the market with no onward chain, this spacious first floor retirement flat occupies a town centre location.
With construction completed in 2016, the accommodation offers modern retirement living with communal facilities on-site to compliment a host of local amenities nearby, given the property's location in the heart of Andover.
Communal facilities include a 24-hour Careline system, owners rooftop terrace, wellbeing suite, owners lounge and kitchen facility, along with a guest suite to accommodate visitors.
Chantry Lodge has its own on-site manager available five days a week.
There is an applicable age requirement at Chantry Lodge with at least one resident required to be over the age of 60, whilst any second resident must be over the age of 55.
The accommodation itself comprises entrance hallway with walk-instorage cupboard, living/dining room with Juliet balcony, kitchen with fitted appliances, a double bedroom and a shower room.
Communal parking is to the rear of the building.
EPC Rating: B Location Chantry Street, which starts at the foot of St Mary's church, links Andover's Upper High Street and Marlborough Street with West Street, all one-way thoroughfares.
Andover's town centre amenities are literally on the doorstep, whilst Andover College, The Lights theatre, Odeon Cinema, and Leisure Centre are all a short distance away.
The mainline railway station runs a direct route to London's Waterloo in just over an hour, whilst the nearby A303 offers good road access to both London and the West Country.
Open countryside is never far away from Andover with outlying villages to explore in all directions.
Chantry Lodge occupies the site that was from 1550, the home to Chantry Cottage which, following a number of years of deterioration, was painstakingly removed and re-built on a site very close by, in front of St Mary's Church.
Accommodation Door into main entrance lobby with lifts to all floors.
Front door into: Hallway Large walk-in storage cupboard, Careline intercom and doors to: Living/Dining Room Spacious room with door and window to Juliet balcony.
Feature fireplace with electric fire and door to: Kitchen Window to rear. Range of eye and base level cupboards and drawers with work surfaces over and inset stainless steel sink with drainer.
Inset electric hob with extractor over and eye level oven. Integral fridge and freezer. Bedroom Good sized bedroom with window to rear and fitted wardrobe cupboard.
Shower Room Shower cubicle, vanity cupboard with wash hand basin, WC with concealed cistern, heated towel rail and wall mounted cupboard.
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 24 Chantry Lodge Chantry Street, Andover
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