2-bedroom flat · SO24 9FS
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3 The Old Police Station is a beautifully presented two-bedroom ground-floor apartment, ideally positioned in the heart of the highly sought-after market town of Alresford.
Forming part of an exclusive development of just 10 apartments by respected local developer Hazeley Developments, the property showcases the high specification and attention to detail for which they are renowned.
The apartment benefits from secure private access to both the front and rear of the building.
Internally, this spacious home offers two well-proportioned double bedrooms, including a principal bedroom with fitted wardrobes, additional storage cupboard and a stylish en-suite shower room.
The second bedroom is served by a contemporary family bathroom.
At the heart of the property is a bright dual-aspect open-plan living, kitchen and dining space, perfectly suited to both everyday living and entertaining.
Floor-to-ceiling windows allow an abundance of natural light to flood the room, whilst also enjoying views towards the iconic Watercress Line railway station.
Further benefits include an allocated parking space, communal garden and a lockable external storage unit. Tenure: Share of Freehold Unexpired Years: approx.
993 years remaining Annual Ground Rent: N/A Annual Service Charge: £2,000.00 Ground Rent Increase: N/A Ground Rent Review Period: N/A *These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor* SERVICES: All mains services are connected LOCAL AUTHORITY: Winchester City Council COUNCIL TAX BAND: 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 3, The Old Police Station, Station Road, Alresford, Hampshire, SO24
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