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See how verdicts work2-bedroom terraced house · SP11 6WL
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SHARED OWNERSHIP 55% SHARE Situated on Locksbridge Road in Picket Piece, this well-presented two-bedroom home offers thoughtfully arranged accommodation across two floors, making it an excellent choice for first-time buyers.
The layout has been designed with everyday living in mind, creating a practical and welcoming home that is easy to enjoy from the moment you step inside.
The ground floor centres around an open-plan kitchen, dining and living room, providing a sociable space for cooking, dining and spending time with family or friends.
The kitchen is positioned to one end of the room with a range of worktop and cupboard space, while the living area enjoys direct access to the rear garden through French doors, creating a seamless connection with the outside.
A downstairs cloakroom and useful storage complete the ground floor.
Upstairs, there are two well-proportioned double bedrooms, both featuring built-in storage, making them equally suited to family members, guests or those working from home.
The bedrooms are served by a contemporary family bathroom fitted with a bath, wash hand basin and WC, while additional storage on the landing adds further practicality.
Outside, the rear garden provides an enjoyable outdoor setting with space for dining, entertaining or personalising to suit your lifestyle.
Conveniently located for local amenities, schools and transport links, this home offers comfortable accommodation in a well-connected position.
In our opinion, this is an excellent opportunity for buyers looking for a home that is ready to move into and easy to maintain. The lease term is 125 years from and including 1 January 2016.
There are 114 years remaining, with an expiry date of 1 January 2141. The 55% share is owned by VIVID. Rent and service charge- £362.09
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 Locksbridge Road, Picket Piece, Andover, SP11 6WL
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