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 work2-bedroom house · SO51 7AH
For saleListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Designed for those aged 55 and over, this modern ground-floor retirement apartment in Nightingale Lodge, Romsey, is available to purchase on a 75% shared ownership basis.
The home features two bedrooms, a spacious wet room, and a bright open-plan kitchen, dining, and living area with direct access to a private patio.
Residents benefit from a range of excellent on-site amenities, including house management, tailored care services, a restaurant, a guest suite, vibrant social activities, and attractive communal spaces both inside and out.
Accommodation - The welcoming entrance hall features a useful storage cupboard and leads to all main rooms.
The impressive principal bedroom is a generous double, complemented by a second double bedroom.
Modern and stylish, the wet room is fully tiled and includes a shower, WC, wash basin, and heated towel rail.
At the heart of the home is the open-plan living area, bathed in light from dual windows and featuring a door out to the private patio, with ample room for both lounge and dining furniture.
Completing the apartment, the modern kitchen is fitted with wall and base units alongside integrated appliances, including an oven, hob with extractor, fridge/freezer, and washing machine.
Onsite Facillities - Onsite facilities include restaurant, guest suite, communal indoor and outdoor areas and on site care. Activities on site are available if residents wish to participate.
Shared Ownership - The apartment is available to purchase at 75% of the full value Location - Situated just a mile from the historic market town of Romsey, Hampshire, and a short drive from the New Forest.
Nightingale Lodge is an exclusive new community that’s full of character and charm in equal measures.
This lively extra care community is a short walk away from Romsey Hospital, Abbeywell Surgery and Pharmacy, bus links and Romsey Railway station Anti Money Laundering - We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
Eligibility - Length Of Lease - 250 years from 2021 Service Charge - Circa £6,240 per annum Peace Of Mind Charge - Circa £131.15 per month Council Tax - Test Valley - Band C
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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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 Great Well Drive, Romsey, Hampshire
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