1-bedroom property · RG25 3JE
For saleListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
25 TOWN MILL OVERTON RG25 3JE All measurements are approximate A ground floor flat for the over 60's offering entrance hall, l-shaped lounge/diner with views over the river, kitchen, one bedroom, dressing area, bathroom, electric heating, communal parking and communal gardens set in this delightful complex on the River Test in the heart of Hampshire.
Residents enjoy the use of the beautifully maintained grounds with the river Test running beside them. Other amenities include a resident's lounge, lift to all floors, laundry room and parking.
A guest suite is available for overnight stays at a reasonable charge. All rooms and public areas have emergency alarm pull cords or buttons, there is a high level of security.
The complex is located within easy walking distance of the village centre where there are shops and services to meet most day-to-day needs.
There are regular bus services from the village centre to Andover, Winchester and Basingstoke.
From the main line railway station there are fast services to London Waterloo and the West Country via Salisbury.
The A303 and A34 are only a short drive away connecting London M3 (M25) to the West Country and Southampton to Oxford and the North (M40).
THE ACCOMMODATION COMPRISES:- COMMUNAL ENTRANCE HALL Front door to:- ENTRANCE HALL Power points, night storage unit, airing cupboard, security phone.
L-SHAPED LOUNGE/DINER About 16'max x 15' max Storage heater, power points, thermal double glazed windows, electric fire with surround, UPVC double glazed French doors offering access to the communal gardens and views over the river.
KITCHEN About 7'x 7' One and a half bowl single drainer sink unit with cupboards under, a further range of matching eye level and base level units with rolled edge work surfaces, inset ceramic hob unit, built in electric oven, built-in fridge, part tiled walls, plumbing for washing machine, thermal double glazed window.
BEDROOM ONE About 11' x 9' Storage heater, thermal double glazed window, power points, built in wardrobe.
DRESSING AREA About 8' x 6' A range of matching double and single wardrobes and drawer units, thermal double glazed window.
BATHROOM Panelled enclosed bath with Mira shower unit, close coupled WC, wash hand basin, part tiled walls, heated towel rail, extractor fan.
COMMUNAL GROUNDS COMMUNAL PARKING SERVICES Mains water, electricity & drainage.
LEASEHOLD 99 years from 1988 EPC RATING C COUNCIL TAX We understand from the Valuation Office Agency that the property is in tax band 'C'.
SERVICE CHARGES We understand that the service charges including ground rent and buildings insurance are currently approximately £325 PCM.
VIEWING By appointment with Parnell Jordy & Harvey, 5 Winchester Street, Overton, Basingstoke, RG25 3HR. FOLIO 18850 RB231025
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 25, Town Mill, Overton. RG25
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