2-bedroom house · SO31 7PU
Listing removedListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Don’t be deceived. This spacious first floor apartment is just awaiting its new owner to carry out a light freshen up and bring the newness back.
Having been constructed in 2018, the development still has that modern and clean freshness and this spacious apartment will need its new owner to do nothing more than break out a paint brush.
Entering through the communal entrance, the reception hall provides a convenient utility cupboard equipped with a washer/dryer, as well as two further storage cupboards ideal for storing your shoes, coats and even the trusty vacuum cleaner.
Through to the living room, there is space for a dining room table and a door leading out to Eastward-facing balcony breathing in the morning sunshine.
An open-plan walkway through into the well-equipped kitchen, fitted with a range of wall and base units along with a fitted eye-level oven and microwave, dishwasher, fridge, freezer and induction hob with extractor above.
The primary bedroom has a fitted double wardrobe, and has an ensuite which comprises a walk-in, rainfall shower with an extra handheld shower head.
The second bedroom is a good single and both can share the use of the guest bathroom.
Meadow Court retirement community offers an array of lifestyle amenities – from a hair and beauty salon to a spacious guest suite and an inviting café, allowing you to enjoy your retirement surrounded by like-minded neighbours who share a similar outlook on life.
We’re sure that you'll love the impeccably maintained communal facilities and gardens and feel reassured by the support of Anchor’s Management Team.
Other Information This is a leasehold property for people over 55’s. The 125-year lease commenced 01/12/2018, there is no ground rent payable.
The monthly service charge, payable to Anchor Hanover Group, from 01/04/26 is £530.15 per month.
Upon resale, there is an admin fee payable of £660 and a contribution of 3% of the sale price towards the sinking fund. Please note that permit parking is only available subject to availability.
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
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FAQ
About 34 Meadow Court, Hamilton Road, Southampton
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