2-bedroom flat · SP11 6XZ
Sold STCListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION : *** Offered to the market as an 80% discount market unit, for 100% ownership*** Austin Hawk are delighted to offer this two bedroom first floor apartment built in 2015 and situated on the popular Chariots development within walking distance to a range of amenities.
The well presented accommodation comprises hallway, cloaks cupboards, bathroom, two double bedrooms and an open plan kitchen/dining/living room.
Outside the property offers two allocated parking spaces.
**First time buyers only – call for further details to arrange a viewing** LOCATION : Andover offers a range of shopping, educational and recreational facilities, including a college of further education, a cinema, theatre and leisure centre.
The mainline railway station runs a direct line to London's Waterloo in just over an hour, whilst the nearby A303 offers good road access to both London and the West Country.
ACCOMMODATION : Door into ENTRANCE FOYER with stairs to all floors.
Front door into: HALLWAY : Two large cloaks cupboards and doors to: SITTING/DINING ROOM : Bay window to front and space for table and chairs. Open access to: KITCHEN : Side aspect.
Contemporary range of eye and base level cupboards and drawers with worksurface over and inset stainless steel sink and drainer. Inset gas hob with extractor over and oven beneath.
Space and plumbing for slimline dishwasher, space and plumbing for washing machine and space for fridge/freezer. Open access to: BEDROOM 1 : Rear aspect. BEDROOM 2 : Front aspect.
BATHROOM : Rear aspect and tiled floor. Low level WC, wash hand basin and panelled bath with shower over. Extractor fan.
OUTSIDE : Outside the property offers two allocated parking spaces and access to bicycle storage. TENURE : Leasehold with 115 years remaining. SERVICES : Service charge £1164 per annum.
Estate fee £250 per annum. EPC Rating: B
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 Lee Valley Close, Andover, SP11
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