2-bedroom flat · SO40 4SX
For saleReduced £5k (−2.9%) on 15 OctListed 69 days
Opportunity summary
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About
* no forward chain * A two bedroom first floor flat situated adjacent to Marchwood Village Centre with easy access to local amenities.
The property benefits from a long lease, an allocated parking space and well maintained communal gardens The accommodation is arranged as follows: Entrance hall Storage cupboard, airing cupboard housing hot water tank, sitting/dining room 18’1 x 10’9 (5.51m x 3.28m) two electric radiators, window to rear, opening to: Kitchen 10’7 x 6’3 (3.23m x 1.91m) range of fitted cupboards and drawers to wall and base level, stainless steel sink unit with mixer tap and drainer, electric oven, electric hob with extractor over, spaces for washing machine and fridge freezer, tiled surrounds, window to rear bedroom 1 11’4 x 10’4 (3.45m x 3.07m) double wardrobe cupboard, electric radiator, window to front bedroom 2 11’4 x 6’9 (3.45m x 2.06m) electric radiator, window to front bathroom 7’3 x 6’4 (2.21m x 1.93m) bath with shower over and screen, low level W.C., wash hand basin, tiled floor, extractor fan, wall heater Outside Communal gardens surround the property and back onto playing fields.
There are inset shrub borders, a communal bin store and communal clothes drying area Parking One allocated parking space and visitor parking Price £179,950 leasehold Lease Currently being extended to a 999 year lease (1/16 share of the freehold) Maintenance charge Believed to be £1,700.00 per annum to include building insurance, communal electricity, water rates, maintenance of communal areas and upkeep of gardens Council tax Band ‘B’ - £1,913.60 per annum for 2026/2027 Nb None of the appliances, fixtures and fittings and other items mentioned within these particulars have been tested and we cannot guarantee they work for the purpose as described
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 Vicarage Road, Marchwood
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