2-bedroom flat · SO23 7SZ
Sold STCListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 40% share in this spacious ground floor apartment located at the end of a pleasant cul-de-sac in Kings Worthy. Allocated and visitors' parking, two garden areas and no forward chain.
A 40% Share in this apartment - this is a super opportunity to purchase in The Dell, Kings Worthy, and this apartment has the advantage of no onward chain.
Located close to countryside for cycling and dog walking, there are also excellent local schools including the catchment Kings Worthy Primary and Henry Beaufort Schools.
A handy Tesco Express and other local amenities are a short distance away, with bus routes close by and easy commuting links to the M3 and A34 as well as being within a short drive to Winchester City Centre.
The apartment benefits from two external garden areas, to the front and rear, as well as access to a communal storage cupboard.
There is allocated parking directly in front, with plenty of visitors' parking available too on the road. The communal areas are well presented, with just a handful of flats in this block.
A spacious hallway leads to two double bedrooms and a modern three piece bathroom. There are storage cupboards, and a real sense of space throughout.
The living room is a very good size, with two windows overlooking the garden and leading to the kitchen / diner.
This room offers plenty of worktop space, storage cupboards and leafy views over the rear garden. The property has gas central heating, double glazing and no onward chain.
We are marketing the flat also at 100% ownership or as a 40% share through Abri. Buyers can also offer for an alternative %age.
Please contact Goadsby for further information and to arrange your viewing.
Monthly Charges: Rent £342.22 Service Charge £51.12 Insurance Charge £10.49 Management Charge £12.00 Total £415.83 per month at the 40% share Ground Rent: N/A Ground Rent Review Date: TBC Lease Length: 110 years remaining Managing Agent: Abri Council Tax Band: B Additional Information Tenure: Leasehold Parking: Allocated Utilities: Mains Electricity Mains Gas Mains Water Drainage: Mains Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: B Living Room Kitchen Bedroom 1 Bedroom 2 Bathroom ALL MEASUREMENTS QUOTED ARE APPROX.
AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & 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 SHOWN 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 any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
VIEWING Strictly through the vendors agents GOADSBY OPENING HOURS MON - FRI 8:45AM - 5:30PM, SAT 8:45AM - 5:00PM DRAFT DETAILS We are awaiting verification of these details by the seller(s).
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.
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