2-bedroom house · SO24 9FT
Sold STCListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The communal entrance leads into a spacious reception area and access to all on site facilities, including salon, restaurant, lounge, laundry and the on-site staff and care providers.
Lift and stairs provide access to all floors.
The apartment is located on first floor and the private door leads to an entrance hall, with storage, doors to two double bedrooms, shower room and bathroom and the sitting/dining room with access to the private balcony.
The kitchen is fitted with wall, base and drawer units with integrated appliances. Built by McCarthy & Stone and only completed in November 2019 this is a unique opportunity.
Some of the advantages to the property are, 24/7 call system, wheel chair access, Bistro, Salon, Guest suite. For further information or to view please contact Charters of Alresford.
Some of the advantages to the property are, 24/7 call system, wheel chair access, Bistro, Salon, Guest suite.
TENURE Leasehold Unexpired Years: 994 Annual Ground Rent: £510 Ground Rent Increase: TBC Ground Rent Review Period: TBC Annual Service: £12689.01 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
ADDITIONAL INFORMATION Materials used in construction: Brick No Gas at the property For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Wayfarer Place is a stunning development of 56 one and two-bedroom apartments designed by the renowned developers McCarthy and Stone.
Designed exclusively for the over 70s, Wayfarer Place allows you to carry on living independently in a home you own.
With the help of on-site flexible care and support, a bistro serving freshly prepared food and management on-site 24 hours a day.
Wayfarer Place has everything you need to relax and enjoy an independent retirement.
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
Agent & docs
FAQ
About The Dean, Alresford, Hampshire, SO24
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