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1-bedroom flat · GU34 1HL
For saleListed 1210 days
Opportunity summary
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About
SHOW APARTMENTS NOW OPEN TO VIEW! Apartment 3 is a wonderful one-bedroom corner apartment, located on the first floor.
The apartment features a dual aspect open-plan kitchen/dining room, one double bedroom and a shower room. The apartment also benefits from secure parking.
The Development A fantastic selection of 14 well-proportioned one and two-bedroom converted apartments, located right in the heart of Alton town centre.
The unique design of this building includes a central, hexogan-shaped atrium, which the apartments are positioned around with private basement parking below, including allocated parking space(s) for each apartment plus some communal electric car charging points.
The Atrium will have automatic gates at both ends of the development and the basement parking a new automatic roller shutter.
All apartments will benefit from contemporary kitchens, wooden floors, LED lighting, WIFI controlled entry system, stylish bathrooms plus there is a lift operating to all floors and a public car park nearby for guests.
The building benefits from double glazing, and treble glazing has been added on the car park side. Leasehold Details Years Remaining on Lease: 997, Ground Rent £0 increasing by £0 every £0 years.
Estimated Service Charges: £1,356.09pa including maintenance and insurance.
The apartment building occupies a very convenient location right in Alton Town Centre, just around the corner from the High Street.
Alton is a Georgian market town with a wide range of shopping facilities including Waitrose and Sainsbury's supermarkets and has excellent road links close by with the A31 for Farnham, Guildford and Winchester, excellent secondary education and a sixth form college.
There is a sports complex with swimming pool and a mainline rail station.
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 Cross & Pillory House, Cross & Pillory Lane, Alton, Hampshire, GU34
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