2-bedroom flat · BH25 5DL
For saleReduced £5k (−4.2%) on 1 OctListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Entrance hall with a walk-in understairs storage cupboard and an airing cupboard housing the hot water cylinder and electrical fuse box.
The sitting/dining room is particularly spacious, with a free standing electric fire, a UPVC door leading out to the patio and communal garden, carpeted flooring, and a night storage heater.
The kitchen is fitted with a range of wall and base units, a contrasting timber effect worktop, a stainless steel one and a half bowl sink with a mixer tap and drainer, a tiled splashback, space and plumbing for a washing machine, dishwasher, and tall fridge/freezer, a freestanding cooker with an extractor fan, and a UPVC window offering an attractive outlook over the communal garden.
The master bedroom is a generously sized double, with a night storage heater, built-in wardrobes, and an outlook to the front.
Bedroom two is a single room or home office, with a built-in wardrobe, large UPVC window, and carpeted flooring.
The family bathroom comprises a pedestal wash hand basin, WC, panelled bath with an independent electric shower and shower curtain, lino flooring, and part tiled walls.
To the front of the property is a small shingled garden area, an outside storage cupboard, and communal parking.
To the rear of the property is a small patio area, a large lawn, maintenance of which is covered by the annual service charge, a fenced drying area with high level picket fencing, and two rotary washing lines.
The property is offered with vacant possession, and a viewing is highly recommended.
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 29, Floriston Gardens, New Milton
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