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See how verdicts work2-bedroom flat · GU51 2AE
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Selbon Estate Agents are delighted to offer to the market two bedroom first floor apartment situated within the Fleet Mill development.
The property is an ideal first time purchase or investment purchase and is located within close proximity to Fleet mainline train station, Fleet town centre and junction 4a of the M3 motorway.
The light and spacious open plan living accommodation includes a 20ft. Living/dining room which features a curved floor to ceiling window allowing an abundance of natural light to flow into the room.
The kitchen comprises; eye and base level cupboard and drawer units with roll top work surfaces. Inset stainless steel sink with mixer tap. Built-in double oven, hob and extractor over.
Further built-in appliances include dishwasher, fridge and freezer. The remainder of the accommodation includes two bedrooms, bathroom with white suite and a utilities cupboard.
Bedroom one benefits from an en-suite shower room. We are advised that the lease has 118 years remaining. The current service charges is £xxxxxx per annum and the ground rent is £xxxxx per annum.
Further benefits include lift to all floors, two parking spaces and ample visitor parking. The location of the development is fantastic with Fleet mainline approximately 0.4 miles distant.
Fleet town centre is within easy reach, as well as being within excellent road connections to the M3 via Junction 4a, around 2 miles away.
The surrounding area also offers a good selection of outdoor spaces, including Fleet Pond Nature Reserve, the Basingstoke canal and a variety of local parks, alongside a range of shops, supermarkets, cafés and everyday amenities nearby.
Fleet town centre offers an excellent range of multiple and independent retailers. Fleet has several business parks and in recent years has expanded with new residential areas being built .
The town offers an excellent choice of respected schools from both the state and independent sectors.
Agent Note: Purchaser Identification Check: Should a purchaser(s) have an offer accepted on a property marketed by Selbon Estate Agents, they will be required to undertake an online identification check.
This check is carried out to ensure compliance with our obligations under the Anti-Money Laundering Regulations and is a legal requirement.
We use a specialist third-party service to securely verify your identity. The cost of the identification check is £25 + VAT (£30 Inclusive of VAT) per purchaser.
This fee is payable once an offer has been accepted and prior to the issue of the Memorandum of Sale.
Please note that this charge is non-refundable, however, should you purchase another property via Selbon, there won’t be a requirement to complete the process again.
Photography & Presentation: As part of our commitment to presenting each property to the highest standard, selected images may have been digitally enhanced or refined using ai.
These enhancements are intended to complement the visual presentation and may not represent the property exactly as it appears in person.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 15 Lorica House, Fleet Mill, Minley Road, Fleet
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