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See how verdicts work2-bedroom flat · SP11 6XQ
Listing removedListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Offered for sale with no onward chain, this ground floor flat is located on the popular Picket Twenty development close to all the local amenities.
The spacious accommodation comprises entrance hall with storage cupboards, a living/dining room with a balcony and open access into a kitchen/breakfast area, a master bedroom with ensuite shower room, a second bedroom and a bathroom.
Outside there are two parking spaces and a lockable store. Location The Picket Twenty development borders Harewood Forest with access to public footpaths literally on the doorstep.
Picket Twenty itself has a range of amenities which include Pilgrims Cross Primary school, Busy Bees Nursery, a community hall, a Co-Op store and the Urban Park and sports pitches.
Andover itself offers a range of shopping, educational and recreational facilities including a college of further education, a cinema, theatre and leisure centre.
The mainline railway station runs a direct route to London's Waterloo in just over an hour whilst the nearby A303 offers good road access to both London and the West Country.
Accommodation Entry buzzer system with door into communal entrance hall and front door into: Entrance hall Two storage cupboards and doors to: Living/dining area Double aspect with French doors to Juliet balcony and French doors to balcony Open access to: Kitchen Window to side.
Range of eye and base level cupboards and drawers with work surfaces over and inset stainless steel sink with drainer. Inset ceramic hob with extractor over and oven below.
Space and plumbing for washing machine and slimline dishwasher, space for fridge/freezer and cupboard with wall mounted boiler. Master bedroom Window to rear.
Fitted wardrobe cupboard and door to: Ensuite shower room Shower cubicle, wash hand basin, WC and heated towel rail. Bedroom 2 Window to rear.
Bathroom Panelled bath, wash hand basin, WC and heated towel rail. Outside To the rear of the building there is a private car park with two parking spaces and two lockable stores.
Tenure Leasehold with 110 years remaining. The ground rent is £250 p/a and the service charge is currently £121.12 p/a. Services Mains water, drainage, gas and electricity are connected.
Gas central heating to radiators.
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
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FAQ
About 4 Saddle Way, Picket Twenty, Andover
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