3-bedroom flat · PO41 0NS
For saleReduced £50k (−11.2%) on 21 JunListed 881 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly impressive 3-bedroom, duplex apartment with sea views and benefitting from its own formal entrance onto The Square.
The Corner Flat is a prime apartment within a minute's walk of the ferry terminal and offers a superb aspect across The Square with Solent views over the Grade II Listed Yarmouth Pier and New Forest shoreline beyond.
It delivers spacious rooms with masses of natural light from the large windows and high ceilings.
The Corner Flat is exceptionally and conveniently located with close by access to a wide range of shops and amenities. The Royal Solent Yacht Club and Harbour are a short walk from the property.
Located on the corner of The Square and Quay Street, the property forms part of an historic building in the centre of this sought after harbour town.
It offers fine views from the large sash windows offering split level accommodation over two levels. This immaculate property comprises a wonderful formal sitting room with three spacious bedrooms.
The main bedroom has fine sea views and there are large built in cupboards/wardrobes in various places within the property. The loft is currently not part of the sale.
The sitting room has a double aspect to the East and North and benefits from high ceilings with an excellent feel of space.
A private front door from The Square leads to a small hallway with stairs leading up to the landing.
It is neutrally decorated throughout and there are ‘seagrass’ floor coverings throughout most of the property.
There are two bathrooms, one on each floor (one of which has a shower) with WC and wash hand basins. One of the bathrooms has a large built in cupboard housing fridge/freezer and washer/dryer.
A modern galley kitchen has an east facing orientation and a lovely aspect across The Square.
There is an additional door leading through from the sitting room into the kitchen where there is a good sized built in boiler and storage cupboard.
Services All mains services are connected to the property. Tenure Leasehold - 124 years from April 2013. Ground Rent - £50 per annum Service Charge - £2062-95 per annum.
This figure varies depending on the maintenance work on the entire block. Council Tax Band C Viewings Strictly by prior appointment with the sole selling agents, Spence Willard. Important Notice 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc.: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc.: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
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
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FAQ
About The Corner Flat, The Square, Yarmouth
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