2-bedroom flat · SO18 4FH
For saleListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Neva Road! This spacious, two double bedroom flat which is located in Midanbury, close to shops would be ideal for first-time buyers.
The property consists of a 13ft lounge/diner with a large window flooding the room with natural light, a modern fitted high-gloss kitchen with views over the communal garden, two double bedrooms, a utility room with space for appliances and a three-piece shower room suite.
The property also boasts ample storage, a communal garden and gas central heating.
Entrance Hall Textured ceiling, two storage cupboards, loft hatch, radiator, door to: Kitchen 8' 10" (2.69m) x 8' (2.44m): Textured ceiling, double glazed window to rear, range of wall, base and drawer units with work surface over, sink and drainer inset, built in oven and hob, space for fridge/freezer.
Lounge/Diner 13' 10" (4.22m) x 11' 10" (3.61m): Smooth ceiling, double glazed window to front, radiator.
Utility Room 5' 9" (1.75m) x 4' 11" (1.50m): Textured ceiling, double glazed window to rear, space for washing machine and dishwasher.
Master Bedroom 11' 10" (3.61m) max x 11' 10" (3.61m) max: Textured ceiling, double glazed window to front, radiator, cupboard housing combination boiler, radiator.
Bedroom Two 9' 2" (2.79m) x 11' 9" (3.58m): Textured ceiling, double glazed window to rear, radiator.
Shower Room Textured ceiling, double glazed obscured window to rear, walk in shower with mains fed shower over, WC, wash hand basin, ladder towel rail. Communal Garden Mainly laid to lawn.
Storage cupboard.
We are advised by the vendor the lease details are as follows: Lease Length - TBC Maint/service/ground rent charge - £54.37 per month Services Mains water, electricity, gas and drainage are connected.
For mobile and broadband connectivity, please refer to Ofcom.org.uk. Please note that none of the services or appliances have been tested by Field Palmer.
Council Tax Band Band A Sellers Position Buying On Offer Check Procedure If you are considering making an offer for this property and require a mortgage, our clients will require confirmation of your status.
We have therefore adopted an Offer Check Procedure which involves our Financial Advisor verifying your position. .
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 Two Double Bedrooms! Modern Kitchen! Utility Room!
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