2-bedroom house · SO51 8HL
Listing removedReduced £25k (−5.9%) on 21 JunListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in central Romsey, a unique and beautifully presented period two bedroom property benefitting from a very high specification and off road parking.
Location Located in the historic market town of Romsey, the property is in a quiet residential area just a short, flat walk from the shops, restaurants and cafes of Romsey Town Centre.
The pedestrianised main square in Romsey and the town’s cafes, supermarkets, department store, bakery, independent shops and market are all within a 4-minute walk from the property.
The train station as well as road routes are close at hand, and the bus station is a mere 3-minute walk away.
The property’s privileged location lends itself to picturesque walks in and around the town while many local events and activities are held in the Town Centre and Memorial Park which are within easy walking distance.
Anti Money Laundering We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
Summary Upon entering the property, you are welcomed into a bright and spacious open-plan living area.
To the right-hand side is the living room, featuring a fireplace, fitted bookcases, and decorative wall panelling. To the left is the kitchen/dining area, which benefits from fitted appliances.
Stairs rise to the first floor, where you will find a generously sized bedroom one measuring 18'10" (5.74m) in length, complete with a fitted storage cupboard, alongside a second bedroom and a modern four-piece family bathroom.
Externally, the property offers off-road parking to the front.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 62, Middlebridge Street, Hampshire
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