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See how verdicts work1-bedroom flat · SO42 7QX
For saleListed 3 days
Opportunity summary
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About
A beautifully presented and comprehensively updated one bedroom ground floor retirement apartment, enjoying its own paved terrace opening directly onto the communal gardens, and situated within a short and level walk of the centre of Brockenhurst village.
Originally built by McCarthy & Stone for residents over the age of 55.
Number 16 has been the subject of considerable improvement by the current owners and is offered in excellent decorative order throughout.
The accommodation has an easy, sociable flow, with the sitting/dining room opening through a wide arch to the kitchen, and the whole apartment benefits from a stylish and thoroughly modern refitted shower room which sets it apart from others within the development.
The principal room is a generous sitting/dining room, laid to wood effect flooring with a feature fireplace surround, wall light points and a patio door opening out onto the terrace and the gardens beyond.
There is comfortable space for both seating and dining, and the room enjoys a pleasant green outlook.
KITCHEN Opening directly off the sitting room and fitted with a range of cream shaker style wall and base units with timber effect work surfaces over, complemented by red metro tiled splashbacks with concealed lighting.
Inset stainless steel sink and drainer with mixer tap, built in electric oven with ceramic hob and extractor hood above, fitted fridge/freezer and wine rack.
BEDROOM A comfortable double bedroom with a range of fitted wardrobes providing excellent hanging and storage, wood effect flooring and window to the front.
SHOWER ROOM Refitted to an impressive standard and beautifully appointed, comprising a large walk in shower enclosure with black framed screens, rainfall shower head and separate hand held attachment, wash hand basin set within a vanity unit with cupboards below, and low level w.c.
Fully tiled in white metro tiling with mirrored wall cabinets, wood effect flooring and extractor fan.
From the entrance hallway there is a large storage cupboard which houses the Fischer heating system with 188 litre immersion tank with remote controlled heating.
OUTSIDE To the side of the apartment is a paved terrace with ample room for a table and chairs, immediately adjoining the well maintained communal lawns.
Homeforde House sits within its own attractively landscaped gardens and grounds, and the outlook over the greenery is a particular feature of this apartment's position.
Visitors' parking is available within the development.
COMMUNAL FACILITIES House Manager, residents' lounge with kitchenette and nearby w.c., laundry room, guest bedroom suite available to rent at a nominal charge, lift to all floors and communal gardens.
A 24 hour emergency Careline system is installed, allowing the resident House Manager to be contacted from various points within each apartment. SERVICES: Mains water, drainage and electricity.
HEATING: Electric heating.
TENURE: Leasehold 99 years from 1.9.1980 (52 years remaining) GROUND RENT: £ 885 per annum SERVICE CHARGE: £3258 per annum (paid half yearly) EPC RATING: Current ~ C73 Potential ~ C80 COUNCIL TAX BAND: B BROADBAND: Superfast up to 80 mbps download (Ofcom)
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
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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 Grigg Lane, Brockenhurst, Hampshire, SO42
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