2-bedroom flat · PO8 0RP
For saleReduced £30k (−9.1%) on 10 OctListed 341 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This home blends period features with stylish design. The interior is bright, showcasing vaulted ceilings with exposed beams.
The heart of the home is the open-plan kitchen, dining and reception area – an inviting space with natural light from skylights and feature windows.
The kitchen is appointed and keeps the rustic charm of the original building. The property offers two double bedrooms, along with a family bathroom.
A utility area provides additional convenience and storage. Additionally outside, there is a shared garage providing extra space.
The property enjoys an attractive setting close to local countryside walks yet remains within easy reach of village amenities and transport links.
This is a rare opportunity to acquire a distinctive home that combines historical charm with comfort in a desirable Hampshire village setting.
Measurements: First Floor Bedroom One - 14'7" x 14'3" Bedroom Two - 15'1" x 12'4" Second Floor Kitchen/Dining/Reception Room - 21'0" x 14'2" Outbuilding Utility - 12'4" x 8'4" Shared Garage - 20'7" x 13'9"
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
Agent & docs
FAQ
About 2 The Mill,, East Meon Road, Waterlooville
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