We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SO51 0BD
Listing removedReduced £10k (−4.3%) on 23 JunListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Michael Rhodes are pleased to welcome to the market this two bedroom first floor apartment with off-road parking located in the popular Abbotswood development.
Location This desirable road is located in the Abbotswood Development that is close to the town centre.
Facilities are at close hand in Romsey Town which provides a wide range of shops, restaurants and cafes.
There is a railway station which provides services to Southampton /Southampton Parkway to the east and Salisbury/Bath to the west.
Schooling facilities are provided with Romsey Primary and Romsey Secondary. Barton Peverell Sixth Form and Peter Symonds Sixth Form can be easily accessed via local bus connections.
Within the development there is a Co-Op store. Summary Situated on the first floor, this bright and generously proportioned apartment offers well-presented accommodation throughout.
The property comprises a welcoming entrance hall with two storage cupboards, a spacious open-plan living/kitchen area with partially integrated appliances, two good-sized bedrooms, with bedroom one benefitting from built-in storage, and a contemporary three-piece family bathroom.
Externally, the apartment further benefits from allocated parking for two vehicles located to the rear of the building. Agents Note Leasehold.
125 years from April 2017 Service Charge: £1,083.63 Per Annum Ground Rent: £100.00 Per Annum Anti Money Laundering We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
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
Agent & docs
FAQ
About 32, Cutforth Way, Hampshire
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