2-bedroom flat · PO7 7HJ
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated a stones throw from Waterlooville town is this neutrally decorated, two-bedroom ground floor flat in Waterlooville, offering modern open-plan living and private outside space.
This newer-build property features an open-plan kitchen and reception room with good natural light, garden views and direct access to an own garden area, ideal for everyday living and entertaining.
An intercom system and communal bike shed add to the day-to-day convenience. Inside you have an intercom system to allow entrance to people then a shared entrance hall, to your own front door.
Inside you have a spacious hallway with storage, large open plan living room with ample space for dining area and then kitchen.
The kitchen is modern and sleek and offers ample kitchen work top space and storage. The living room provide patio doors to your own outside garden, patio area which looks over the communal area.
The master double bedroom includes built-in wardrobes, an en-suite bathroom with heated towel rail, and double doors opening to the patio garden area.
A second double bedroom is complemented by a further bathroom, also with heated towel rail. The flat benefits from allocated parking.
Waterlooville provides a range of local amenities including supermarkets, cafés and everyday services centred around the town centre and London Road.
Nearby green spaces and walking routes offer opportunities for outdoor recreation, with access to local parks and countryside paths in the surrounding area.
The town has historical links to coach routes between Portsmouth and London, reflected in local landmarks and character.
Public transport links are available via nearby bus routes connecting into Portsmouth and surrounding Hampshire towns.
Havant railway station, approximately a 10–15 minute drive away, offers regular services to Portsmouth (around 10 minutes), Southampton (around 40 minutes) and London Waterloo (from about 1 hour 20 minutes), suitable for commuting or leisure travel.
This flat may appeal to first-time buyers, investors or those looking to downsize, with the benefit of a leasehold term of approximately 113 years remaining.
Leasehold 113 Years Remaining Current Charges as below.
Ground Rent £364.74 Per Year Service Charge £2001.44 Per Year Insurance £584.93 Per Year Council Tax Band B Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 + 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 Sales Disclaimer- These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However, any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase
Value & comps
No previous sales on record.
Returns
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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 Flat 1, 5, Abbess Way, Waterloovillle
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