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See how verdicts work1-bedroom flat · GU51 5TT
For saleReduced £10k (−6.7%) on 21 OctListed 160 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, this one bedroom first floor apartment, built by Messrs Charles Church, situated on the popular Netherhouse Moor development in Fleet.
The property is an ideal first time or investment purchase with the current vendors buying the property in 2016 with the property being rented for the last 10 years.
Offered to the market in good order throughout, including recently being re-decorated and the home is move in ready.
A 999 year lease was granted on 1st January 1987 with approximately 960 years remaining. We are advised that the service charge for 2026 is £677.99 and there is a peppercorn ground rent.
Accessed via a communal hall with stairs leading to the front door, which leads to the 17ft open plan lounge/kitchen with a front aspect double glazed window and a door leading to the double bedroom, which has an airing cupboard and a door leading to an en suite style bathroom with a white suite.
The kitchen area has ample work surfaces, eye and base level storage units, integrated oven, hob and cooker hood and further appliance space.
Further benefits include electric heaters and double glazed windows. Externally there are communal grounds and parking available.
There are a wealth of walking, running and cycling routes including the Basingstoke canal and a thriving community centre.
Fleet town centre is in close proximity with its shopping and leisure facilities, infant, junior and senior schools and health care services.
Fleet mainline railway station offers services to London Waterloo, whilst junction 4a of the M3 motorway is a short drive away.
Offered to the market with no onward chain, we would highly recommend an early viewing to avoid disappointment.
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
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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 60, Swan Way, Fleet
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