We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SO40 3GH
No longer listedListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO FORWARD CHAIN! A nicely presented top floor (2nd floor) flat within The Brambles development on Salisbury Road.
The property briefly comprises; stairs to all floors; entrance hallway, pleasant living room, fitted bathroom with shower over bath, good size double bedroom and a fitted kitchen.
The property further benefits from gas central heating and double glazing. There is an allocated parking space with further visitor spaces.
The seller informs us of the following; Lease length; 155 years from 2004 (133 years remaining). Ground rent; £220.00 per annum. Service charge; £2360.00 per annum (includes buildings insurance).
Please see floor plan for approximate room measurements (for guidance purposes only). The property is currently tenanted until June 2026 and will then be vacant with no forward chain.
EPC Rating; C Council Tax Band; B The location is very convenient, there are numerous local amenities within a short walk, bus stops and the nearest junction of the M27 (junction 2) is within a short drive.
It would be ideal for an owner occupier, or investor. Any measurements quoted are approximate and for guidance only.
The fixtures, fittings and appliances have not been tested and therefore no guarantee can be given that they are in working order.
You are advised to contact the local authority for details of council tax. Photographs are reproduced for general information and it cannot be inferred that any item is included.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of a contract.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Salisbury Road, SO40
Explore nearby