2-bedroom flat · SO41 5SB
For saleListed 579 days
Opportunity summary
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About
Island Point is a modern purpose built block of Ten Apartments with number 7 being on the second floor and enjoys the best panoramic views of the Lymington River from the Town Quay across to the Ferry Terminal and down the river towards the Solent.
Enjoying a large covered balcony taking full advantage of these stunning views which are ever changing with river traffic and movement making fascinating viewing.
Located on the western side of the Lymington River enjoying a southerly aspect and also benefitting from extensive areas of communal parking and a large integral garage.
Making the ideal holiday home or investment for holiday lets or those seeking a smaller home from which to enjoy this remarkable location, a short walk to the Lymington Ferry to Yarmouth as well as the train terminal to Lymington Pier and Brockenhurst, whilst Lymington is a pleasant walk over the causeway.
Also easily reach is Walhampton Golf course and the nearby Ferryman Inn.
The accommodation comprises: (All measurements are approximate) Communal Entrance Hallway Stairs to all floors Second Floor Entrance Hall Wooden front door, Dimplex night storage heater, Cloakroom Wc with concealed cistern, wash basin with cupboards below, wall mounted storage cupboards and double door storage cupboard.
Sitting Room/Kitchen Sitting Room 13’9 x 9’10 – 180 degree stunning views across the Lymington River towards the Solent and Isle of Wight, Dimplex night storage heater, double glazed sliding doors to balcony.
Kitchen Area 6’3 x 6’3 – Well fitted with floor standing and wall mounted cupboards and drawers and work surfaces incorporating a one and a quarter bowl single drainer stainless steel sink unit, built in Electrolux oven with inset four ring Electrolux ceramic hob and extractor fan, space for dishwasher or washing machine.
Bedroom One 10’6 x 7’4 Stunning views of the Lymington River. Bedroom Two 10’6 x 6’9 A range of wardrobe cupboards, Dimplex night storage heater, stunning views of the Lymington River.
Shower Room Attractively refitted with large walk-in tiled shower cubicle, wc with concealed cistern, vanity wash basin with cupboards below, recess with mirrored storage cupboard, extractor fan, heated towel rail.
Outside The property is accessed via an unmade road. Large Integral Garage 20’8 x 10’6 Up and over door, electric light and power.
Communal principally lawned grounds surround the property with extensive areas of parking together with Garage and Driveway. Tenure – Share of the Freehold between 10 Flat Owners No.
7 having a 999 years Lease from 1st Jan 1989 Management Fee - £125 per month – to include car parking, garden, staircase, landings and hallways. Council Tax – D EPC Rating – B
Value & comps
No previous sales on record.
Returns
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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 Flat 7, Island Point,, Undershore Road, Hampshire
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