4-bedroom house · SP10 3PD
Listing removedListed 119 days
Opportunity summary
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About
A spacious extended semi-detached family home with annex if required, sitting room, fitted kitchen, dining area, family room, ground floor bedroom and utilty, three first floor bedrooms, bathroom, driveway and garden.
No Chain Positioned in a sought after location within walking distance of local shops, the train station, good schools, several areas of open parkland, as well as doctors and the hospital, Graham & Co are delighted to bring to the market this extended semi-detached home which offers spacious and flexible accommodation having been extensively upgraded by the present owners.
The accommodation is set over two floors and is presently used as a family home with annex.
The ground floor has an entrance hall, sitting room leading to the garden, a large and open plan fitted kitchen with dining area, utility and shower rooms with further ground floor accommodation currently used as a bedroom, and family room.
To the first floor there are three additional bedrooms and a bathroom.
The property benefits from gas central heating and double glazing, whilst outside to the front there is a large drive providing off road parking for several cars and an electrical vehicle charging point, whilst to the rear there is a good sized landscaped garden with patio area Andover offers a good range of shopping and recreational facilities including a theatre, cinema, new leisure centre, excellent selection of schools and a college for higher education.
An abundance of open space and land with a selection of local nature reserve’s all within walking distance of the town centre.
The town itself boasts a lovely “market town” feel and everything you may need is close at hand.
The mainline train station offers a fast service to London Waterloo in just over an hour, and the A303 gives access to London via the M3 and the West Country.
Owners Comments, All upgrades, modifications and refurbishment work completed by us, the current vendors, have been undertaken not only to meet our intergenerational needs, but also to ensure that the home remains highly versatile and appealing to future owners.
With either five bedrooms and one reception room, or four bedrooms and two reception rooms, this property will fulfil the needs of more than most buyers.
The flexible ground floor space not only provides the option for a self-contained one bed ground floor annex, for an aging relative or an aspiringly independent teen or college leaver, it also provides the option for a generous and private working from home office / consulting room space.
However the flexible ground floor space is used, it has the added benefit of separate access via the rear garden, which would also lend it to have the potential for a holiday let for generating an extra revenue stream.
Our home is well situated for commuting by road or rail and well placed for local schools and infrastructure, it is also within walking distance of the Basingstoke College bus route, as well as more than one of the regular daily routes into Andover town centre.
Improvements made to date include: A brand new fitted kitchen, boiler, central heating and hot water systems upgraded; re-designed utility and shower rooms and most recently a completely new roof and upgraded loft insulation.
Even this work was done with future proofing in mind.
With the spacious standing room loft not yet converted, rigid insulation boards were specified to enable anyone looking to realise the potential for further living accommodation in this generous space, can save on material costs by re-using the insulation boards during the fit-out.
Overall, this property is effectively a Tardis as it holds far more behind the scenes than any photograph or drive-by will imply.
It really is a house that needs to be viewed to fully appreciate the flexible home that it is.
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
Agent & docs
FAQ
About 98, The Drove, Andover
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