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See how verdicts work1-bedroom flat · SP11 9TR
Listing removedListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION : Available to the property market with No Onward Chain, this deceptively spacious maisonette borders and has views over open countryside to the rear.
Located in one corner of Johnson Way, a quiet residential road on the southern edge of Ludgershall, the property benefits from an allocated parking space directly to the front and proximity to numerous local amenities.
The accommodation offers scope for updating and comprises an entrance lobby and stairs leading up to a spacious landing with doors to a living room, a kitchen, a double bedroom and a bathroom.
The property also has access to communal outdoor space.
LOCATION : The town of Ludgershall offers a range of amenities, including supermarkets, a post office, newsagents, a butcher, various fast food outlets and restaurants, a church, public houses, a GP practice and pharmacy, schools catering for all age groups, plus Ludgershall Castle, which dates back to the 11th Century.
Nearby Andover offers a range of shopping, educational and recreational facilities, including a cinema, theatre, leisure centre and college of further education.
The city of Salisbury and the market town of Marlborough are also nearby, along with the A303, which provides access to both London and the West Country.
Johnson Way is located on the southern edge of Ludgershall, off Simonds Road.
OUTSIDE : The property frontage is solely set aside for allocated parking, with then the property boundary marked by wrought iron fencing.
A short path leads to the front door of the property, under a canopy porch. ENTRANCE LOBBY : Stairs up to the accommodation, all arranged on the first floor. Radiator. Consumer unit.
LANDING : Spacious, light and airy landing with a window to the rear and views over open countryside. Door to a built-in storage cupboard. Radiator.
LIVING ROOM : Good-sized living room with a window to the rear and views over open countryside. Radiator. KITCHEN : Window to the front.
A range of eye and base level cupboards and drawers with worksurfaces over and tiled splashbacks.
Inset stainless steel sink and drainer, space for a freestanding cooker, space and plumbing for a washing machine and space for a fridge freezer. Wall mounted gas combi boiler.
DOUBLE BEDROOM : Double bedroom with a window to the front. Double doors to a built-in wardrobe cupboard. Radiator. BATHROOM : Window to the rear. Panelled bath with a mixer shower attachment.
Close-coupled WC, pedestal hand wash basin and a radiator. TENURE : Leasehold. A new 125-year lease will commence on completion of sales contracts.
A Peppercorn Ground Rent applies along with an Annual Management Fee of circa £500. SERVICES : Mains drainage, water, gas and electricity are connected. Gas central heating to radiators.
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.
Area
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FAQ
About Johnson Way, Ludgershall, SP11 9TR
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