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See how verdicts workStudio flat · SO51 7TY
For saleReduced £5k (−3.8%) on 25 OctListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Accommodation: A security intercom and passcode provide entry into the communal hallway from which a door gives access into the apartment's entrance hall which, in turn, has a door to the main living area and sliding door to the bathroom.
The main living area is a large open-plan space with ample room for separate living and sleeping areas, having two built-in cupboards and a wide UPVC double-glazed window with a front-facing aspect.
Adjoining the living area is the kitchen which is fitted with a range of wall and base units with work surfaces over and tiled surrounds, inset single-drainer stainless steel sink unit, space and plumbing for washing machine and additional space for electric cooker and fridge/freezer.
The bathroom has a modern white suite comprising panel enclosed bath with shower over and shower screen, pedestal wash basin, WC, tiled walls, extractor fan and heated towel rail.
Outside: The building stands in pleasant grounds which are mainly laid to lawn planted with mature trees, and there is ample on-site parking for residents each with one allocated space and additional spaces reserved for visitors.
Tenure: 1/36th Share of Freehold with residue of 999-year lease from 1st July 1976. Service Charge: £1.206 per annum (paid half-yearly in two instalments).
Test Valley Council Tax: Band: A, Price: £1,542.61 for the year 2026/27
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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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.
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FAQ
About Tavistock Close, Romsey
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