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See how verdicts work1-bedroom flat · SO16 7NT
For saleReduced £5k (−5%) on 14 OctListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Situated in one of the most desirable locations of Southampton, Connells are delighted to offer this stunning one bedroom ground floor apartment in the fantastic Chestnut Lodge development located on Sherwood Close.
Description This over 55's development, with services of a house manager, comprises of a lounge/dining room, separate kitchen, one bedroom and a three-piece shower suite.
The property also benefits from electric heating, double glazing, residents lounge, laundry room, direct access out to the communal gardens and communal parking.
A viewing is highly recommended to truly appreciate the accommodation we have on offer here on Chestnut Lodge.
Southampton City Centre is particularly popular due to the shopping and restaurant facilities of the high street, there are also the shopping centres of West Quay and The Marlands close by.
The nearby recreational options include Southampton sports centre and the historical Southampton Common.
The Common is popular all year round, offering 300 acres of parkland easily accessible, just a few minutes' walk away.
Southampton also has excellent road and rail links with easy access to the M3 and M27 motorways and there is a direct line into London Waterloo from Southampton Central station.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Secure Communal Entrance Flat Entrance Lounge/Dining Room 17' 10" x 10' 6" ( 5.44m x 3.20m ) Kitchen 7' 10" x 6' 10" ( 2.39m x 2.08m ) Bedroom 14' 4" x 8' 10" ( 4.37m x 2.69m ) Shower Room 7' 5" x 5' 5" ( 2.26m x 1.65m ) We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
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FAQ
About 5, Chestnut Lodge, Sherwood Close, Southampton
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