3-bedroom terraced house · PO40 9FT
Listing removedListed 400 days
Opportunity summary
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About
*SHARED OWNERSHIP OPPORTUNITY* - 40% share with the opportunity to staircase once owned. The buyer must be approved by Sovereign Network Group and have a local area connection.
Please enquire for further information. Beautifully presented end of terrace townhouse style home with three double bedrooms and parking for two cars.
The property comprises entrance hall, wc, well appointed kitchen, and open plan living/dining space on the ground floor.
On the first floor are two double bedrooms and a family bathroom, and on the second floor, the master bedroom with plenty of fitted storage, as well as access to the loft space.
Externally the property offers off road parking for two cars and an enclosed rear garden with lawned and patio areas.
The property is just a short walk away from the village centre which offers a range of shops as well as cafes, restaurants and doctors surgery.
Only a short drive away is Freshwater Bay which lies to the south and easily recognised by its chalk cliffs and rocks.
The car and passenger ferry from the harbour town Yarmouth to Lymington is within a circa 7 minute drive. Tenure Leasehold. 115 years remaining.
40% share with the opportunity to staircase once owned. The buyer must be approved by Sovereign Network Group and have a local area connection. Please enquire for further infomation.
Council Tax Band B Entrance Hall Kitchen 2.41m x 3.38m Living Room 4.62m x 4.37m WC 0.86m x 1.93m First Floor Bedroom 2 2.41m x 4.47m Bedroom 3 4.62m x 3.3m Bathroom 2.3m x 2.13m Second Floor Bedroom 1 3.45m max x 4.32m NB.
Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
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 2, Old School Close
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