2-bedroom flat · SO31 1DT
For saleListed 275 days
Opportunity summary
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About
A spacious and beautifully presented first floor apartment with allocated parking, conveniently situated within easy walking distance of excellent Park Gate village public amenities.
The property which enjoys generous well appointed accommodation comprises a spacious entrance hall providing access to all primary rooms including 2 double bedrooms, with the master bedroom extending to 15'1" x 12'2" and enjoying a Juliette balcony overlooking the communal gardens and an ensuite shower room.
The modern fitted kitchen includes integrated white goods, oven, hob and extractor whilst there is a separate Sitting/Dining Room and modern family bathroom.
There is also an area of communal gardens to the side of the building, allocating parking and numerous visitors parking spaces.
Conveniently situated within walking distance of Swanwick railway station and Park Gate centre with its excellent range of convenience stores, cafes and banks.
A short drive away is the more comprehensive shopping at Whiteley shopping village and access to the M27 motorway link to Portsmouth, Southampton and Winchester.
SUMMARY OF FEATURES: A spacious well appointed first floor two bedroom apartment; Fitted kitchen with Oven, hob and extractor; Gas central heating and Upvc double glazing; New flooring throughout; Allocated parking and visitors parking; Convenient location within walking distance of Park Gate shopping centre.
GENERAL INFORMATION: TENURE: Leasehold; SERVICES: All mains services; LOCAL AUTHORITY: Fareham Borough Council; TAX BAND: C DISTANCES: Swanwick Train Station - 0.6 miles; Locks Heath Shopping Centre - 1.3 miles; M27, J9 - 0.8 miles; Whiteley Shopping Village - 1.9 miles AGENTS NOTE: Ground rent £353.34 PA with 10 year review Service charge £1756.50 PA with annual review 150 years lease from 2003 so has 127 remaining
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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About Little Fox Drive, Park Gate
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