1-bedroom flat · SO32 1NY
Listing removedListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO FORWARD CHAIN *** ALLOCATED PARKING *** Welcome to this charming modern apartment in the sought after area of Bishops Waltham, Southampton.
This modern apartment on Elim Close offers a delightful living experience. Built in 2000, the property is well presented throughout, showcasing a stylish design that is both inviting and functional.
The apartment features a comfortable reception room, perfect for relaxation or entertaining guests.
The single bedroom provides a peaceful retreat, while the well-appointed bathroom ensures convenience and comfort.
One of the standout features of this property is the allocated parking space, a valuable asset in this desirable location.
Residents will appreciate the ease of access to transport links, making it simple to commute to Southampton and beyond.
Whether you are a first-time buyer, a professional seeking a convenient base, or someone looking to downsize, this apartment offers a wonderful opportunity to enjoy modern living in a picturesque setting.
With its blend of style, practicality, and a prime location, this property is not to be missed.
The Property - Having recently been redecorated with new carpets the property is presented in very good order throughout.
The good sized entrance hall has a large fitted cupboard, window & boiler cupboard which leads on to the generous living room / kitchen which is partly open plan with integrated electric oven / hob, built in fridge & freezer, washing machine & tumble dryer.
The double bedroom has a fitted mirror fronted wardrobe & the modern bathroom has a shower over the bath with glass screen.
Outside the grounds are impeccably maintained with an allocated parking bay & further visitor slots.
Outside the grounds are impeccably maintained with 1 x allocated parking bay and further visitor slots.
Built in 2007 by Linden homes the property is located only a 5 minute walk from Bishops Waltham town centre with its wide range of eateries and amenities and positioned within a couple of minutes of Sainsburys, Co op and the Palace Ruins and seated picnic area overlooking the duck pond.
The South Downs is within a short drive for recreational pursuits, whilst further retail amenities can be found in nearby Hedge End and Fareham and the bigger cities of Winchester and Southampton are within easy reach.
The lease has 125 years from January 2007 (109 years remain) with ground rent at £250pa and £953.21 service charge half yearly.
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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FAQ
About Elim Close, Bishops Waltham, Southampton
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