3-bedroom flat · SO41 3QW
Sold STCListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after Mariners Court development, this well-presented ground floor apartment offers spacious and versatile accommodation with the benefit of a garage in a nearby block, private patio area and beautifully maintained communal gardens.
Offering up to three bedrooms (or two bedrooms with a study/dining room), the property is ideally suited to those seeking comfortable, low-maintenance living The accommodation is accessed via a UPVC double glazed entrance door leading into a welcoming hallway with a useful built-in cloaks cupboard and separate airing cupboard providing linen storage.
The generous sitting/dining room enjoys a pleasant outlook over the communal gardens and features sliding UPVC double glazed patio doors opening directly onto the patio, creating an excellent connection to the outside space.
The fitted kitchen is equipped with a comprehensive range of wall and base units with roll-edged work surfaces, a one-and-a-half bowl stainless steel sink with mixer tap, integrated double oven with four-ring electric hob, splashback tiling, space and plumbing for both a washing machine and dishwasher, together with a wall-mounted Worcester gas-fired boiler.
The principal bedroom benefits from a built-in wardrobe and an en-suite bathroom fitted with a white suite comprising a bath with mains-fed shower over, wash hand basin and WC.
A second double bedroom also offers built-in wardrobe storage, while the third bedroom provides flexibility as either a single bedroom, home office or hobbies room, depending on individual requirements.
The family shower room is fully tiled and fitted with a contemporary white suite comprising a shower enclosure with mains-fed shower, wash hand basin and WC, both bathrooms are complemented by a heated towel rail.
Outside, the apartment enjoys direct access to a private patio which leads onto the beautifully maintained communal gardens, predominantly laid to lawn with well-stocked flower and shrub borders.
The property further benefits from a garage situated in a nearby block.
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 5, Mariners Court, Lymington
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