1-bedroom flat · SO51 8AG
Listing removedListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available A nicely presented one bedroom, second floor apartment located within a superb development for the over 60’s that is light and spacious throughout.
Included white goods, visitor parking, communal lounge with kitchenette, launderette, guest suite and a daytime warden. Water rates included in the monthly rent.
Property Summary The entrance at the front of the building leads into the entrance hallway and through to the communal facilities: Lounge with kitchenette, wardens office, laundrette and guest suites.
The second floor can be accessed by both stairs or a lift. Once inside the apartment, the inner hallway leads to the bathroom, bedroom, lounge with kitchen and airing storage cupboard.
The lounge is light and spacious and provides ample room for a dining table and chairs, and has the added benefit of an electric fireplace.
The kitchen compromises of a range of matching wall and base units and drawers, worktop and tiling, integrated electric hob with extractor over, integrated electric oven, under the counter fridge and under the counter freezer.
The bedroom is a large double and benefits from a built in, mirrored door wardrobes for great storage.
The shower room includes a shower cubicle, WC, hand wash basin with storage underneath and a heated towel rail.
Romsey is a beautiful place to live; the town regularly hosts many community events including the Romsey Agricultural and Horse Show, farmer market and the Romsey Carnival.
Romsey has everything you need to live today's busy lifestyle at steady pace.
From a great mix of popular high street shops and fascinating independent local outlets, to the kind of friendly cafes and restaurants that make for great day or evening out with friends.
Council Tax Band B.
Council Tax Band: Holding Deposit: £230.00 Available Soon Town Centre Location Communal Facilities Over 60's White Goods Included Visitor Parking Second Floor with Lift Built In Wardrobe Council Tax Band B Communal Gardens
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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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