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See how verdicts work1-bedroom flat · GU51 2AE
Listing removedReduced £30k (−13%) on 20 JunListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented ground floor apartment forms part of a recently converted development, offering a streamlined and contemporary interior throughout.
The apartment itself is approximately three years old, providing a modern setting that appeals to those seeking a low-maintenance home with a refined finish.
The property benefits from an open and practical layout, designed to maximise both light and functionality, while its position places it within easy walking distance of a nearby train station, making it particularly well suited for commuters and those requiring convenient transport links.
The Property The accommodation is arranged across the ground floor and is accessed via a well-maintained communal entrance.
Internally, the apartment features a well-proportioned double bedroom, offering a comfortable and restful space with ample room for furnishings.
The main living area is arranged in an open-plan configuration, combining the kitchen and reception space to create a sociable and versatile environment.
The kitchen area is finished in a modern style, complementing the overall streamlined aesthetic of the home, while the living space provides a good sized area for both relaxation and dining.
The interiors are presented in a contemporary manner throughout, with a cohesive design that enhances the sense of space and light across the apartment.
The Grounds Externally, the property benefits from allocated parking, providing convenient and secure space for a car.
The surrounding development is neatly maintained, reflecting the relatively recent construction of the building.
Its location allows for straightforward access to a nearby train station within walking distance, offering excellent connectivity to surrounding areas.
The setting combines practicality with ease of access to local amenities and transport links. Agent Note Service Charge: £1070.43 per annum Length of Lease - approx. 119 years remaining
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 5 Lorica House, Fleet Mill,, Minley Road, Hampshire
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