2-bedroom flat · SO41 8JN
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this inviting two-bedroom retirement flat, ideally positioned on the second floor of a well-maintained development designed exclusively for the over-60s.
Offering peace of mind, comfort, and a friendly community atmosphere, this delightful home provides everything you need to enjoy a relaxed and independent lifestyle within walking distance of Waitrose and M&S Food Hall.
NO CHAIN. The accommodation includes an entrance hall with storage, a light and spacious living/dining room, a fitted kitchen with window, two well-proportioned bedrooms, and a modern shower room.
The flat benefits from night storage heating and lift access to all floors, ensuring comfort and convenience throughout.
Residents have use of a comfortable communal lounge, a shared laundry room, and beautifully maintained gardens.
Parking for residents is available by arrangement, with additional visitor parking on site.
A dedicated House Manager is on duty Tuesday to Thurdsay, and a 24-hour emergency Careline system provides added peace of mind.
The development is ideally located close to local shops and amenities, offering a blend of independence and community.
With excellent facilities, a friendly atmosphere, and attractive surroundings, this apartment is the perfect place to enjoy relaxed retirement living. Lease: 125 years from 1993.
Ground Rent: £580 per annum. Service Charge: £3,996 per annum (including buildings insurance, water rates, TV licence, exterior window cleaning, and upkeep of communal areas).
Viewing is highly recommended.
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
Agent & docs
FAQ
About Anchorage Way, Lymington, Hampshire, SO41
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