2-bedroom flat · SO50 7AL
Listing removedReduced £5k (−3.7%) on 4 JulListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stanford Estate Agents are delighted to present this two double bedroom with no forward chain, this first floor apartment located within the heart of Fair Oak village.
The property boasts two double bedrooms, a large shower room, spacious lounge/diner, communal courtyard with water feature and parking within the grounds.
Accommodation upon entry to the apartment you will find a small lobby for coat and shoes storage. Once inside you are greeted with the hallway and two large storage cupboards.
The 15ft lounge/diner is located towards the rear of the apartment and opens into the Kitchen.
The modern fitted kitchen comprises of wall and base level units with rolled edge worktops over, built in oven, built in hob with extractor over and space for a fridge/freezer and washing machine.
There are two double bedrooms with built in mirrored wardrobes to the principal bedroom.
The three piece shower room comprises of a large double width step in shower with glass screen, pedestal wash hand basin and a low level WC.
Externally the development has a courtyard with a small pond in the centre and grounds which are mainly laid to lawn with attractive shrub borders..
The parking is on a first come first served basis and is hard standing.
The seller has provided the following lease information, however, this information should be clarified by a conveyancer/legal advisor before completing a purchase.
Lease Information: New lease appointed on sale Lease Length: Lease Remaining: 100 Years Service Charge: £150 pa Maintenance: £406.76 pcm Further Information: Local Council: Eastleigh Borough Council Council Tax Band: B - £1,746.87 25/26 EPC Rating: C - 74 Windows: Double Glazed Heating: Gas Heating Parking: Communal Parking Utilities: Mains Broadband: See Ofcom Website Phone Signal: See Sellers Position: No Forward Chain Viewing: By Appointment Only Local Information: Fair Oak is a semi-rural, small village in the borough of Eastleigh and renowned for its peaceful living offering, Transport links to Winchester, Hedge End and Eastleigh are convenient and an array of amenities are available in the village centre including a chemist, post office facilities and various convenience shops.
The local schools are in high demand with the infant, junior and secondary school all achieving "good" status in their latest ofsted reports.
Offer Check Procedure: Please note any offer needs to be verified for legal anti-money laundering regulations and any prospective buyer will need to produce identification documents.
Properties will not be removed from the market until anti money laundering and financial qualification checks have been satisfied.
Prospective buyers are reminded that the details including any measurements indicated are for guidance only and they should seek their own measurements before committing to any expense.
We thank you in advance for your co-operation.
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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About Flat 32, Oakdene Gardens, Fair Oak Road, Eastleigh
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