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See how verdicts work2-bedroom flat · SP11 6ZE
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN Situated in Marchment Close, Picket Piece, this well-presented two-bedroom apartment offers thoughtfully arranged accommodation, 2 covered allocated parking spaces in tandem under the carport and access to a communal garden.
The layout combines an open-plan living space with two well-proportioned bedrooms and two bathroom facilities, creating a versatile home perfectly suited to first-time buyers, professional couples, downsizers and investors.
The kitchen, living and dining room forms the sociable heart of the apartment, providing plenty of flexibility for everyday living and entertaining.
The living area offers a welcoming setting for comfortable seating and spending time with family and friends, while double doors open to a Juliet balcony.
There is also space to create a dedicated dining area for everyday meals or hosting guests.
Arranged within the same open-plan room, the kitchen is fitted with a range of wall and base units, worktop space and room for everyday appliances.
Its open connection with the living and dining areas allows those preparing meals to remain part of the conversation, making the room equally suited to quieter evenings at home and more sociable occasions.
There are two well-proportioned bedrooms, each providing flexibility to suit different lifestyles.
The principal bedroom is accompanied by an en suite shower room, while the second bedroom could be arranged for children, visiting guests, home working, hobbies or dressing space.
A separate bathroom, fitted with a bath, wash hand basin and WC, completes the accommodation.
Outside, residents have access to a communal garden, offering a shared space for sitting outdoors during the warmer months.
Covered allocated parking provides a convenient place to park, completing this appealing and well-arranged apartment. The Lease Term is 999 years from 1 September 2019. There are 992 years remaining.
The current owner pays £75 biannually for ground rent, and £650 as a maintenance charge every 6 months.
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 Marchment Close, Andover, SP11 6ZE
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