2-bedroom flat · SP11 9LZ
Listing removedReduced £15k (−10.7%) on 6 JulListed 263 days
Opportunity summary
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About
Tenure: Leasehold Description Deceptively spacious, this mid-floor, two-double-bedroomed flat benefits from a location close to local amenities and schools catering for all age groups.
In addition to its excellent location, the property comes with two allocated parking spaces.
The accommodation itself comprises, via a communal entrance, its own entrance hallway with built-in storage options, a good-sized living room, a kitchen, two double bedrooms and a bathroom.
Outside, as well as the allocated parking, there are communal garden areas to both the front and the rear. The property is available with No Onward Chain.
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.
Willowbank is located centrally within the town, off Andover Road.
Outside A communal driveway to one side of the building leads to the allocated parking spaces which are arranged to the rear and to the side.
Lawned, communal gardens are located to the front and the rear of the building. Communal entrances are located to the side of the building with a buzzer entry system and stairs to all floors.
Entrance hallway Cloaks storage space. Door to a built-in shelved storage cupboard and door to a built-in airing cupboard housing a hot water cylinder.
Buzzer intercom, consumer unit and electric meter. Doors to: Living room Good-sized, dual-aspect living room with a box-bay window to the front and a window to the side. Kitchen Window to the side.
A range of eye and base level cupboards and drawers with worksurfaces over and tiled splashbacks.
Inset stainless steel sink and drainer, inset electric hob with an extractor over and an oven/grill below. Freestanding washing machine, fridge freezer and a countertop dishwasher.
Bedroom one Good-sized double bedroom with a window to the front. Bedroom two Small double bedroom with a window to the front. Door to a built-in wardrobe cupboard.
Bathroom Panelled bath, close-coupled WC, pedestal hand wash basin and a heated towel rail. Tenure Leasehold with 89 years remaining on the lease.
Combined annual ground rent and management fee of £600 per annum (payable in monthly instalments of £50). Services Mains drainage, water and electricity are connected. EPC Rating: B
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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About 6 Willowbank, Andover
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