We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SO51 8LG
Listing removedReduced £10k (−3.3%) on 1 JulListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two bedroom second floor apartment with allocated parking situated a short distance from the centre of Romsey.
19 Brick Lane is a modern two bedroom second floor apartment constructed by Croudace Homes. The apartment is finished to an impeccable standard throughout.
The property is situated short distance away from Romsey Town Centre and has a central hallway with living room, contemporary kitchen and bathroom, good sized master bedroom with en-suite shower room and a further double bedroom.
Romsey, a delightful old market town has retained much of its original character and provides an excellent range of amenities for everyday needs.
Facilities include a range of individual shops, schools, leisure facilities, doctors and dentist surgeries and public transport by way of bus and rail services.
The M27 can be accessed at junction 3, about 3 1⁄2 miles distant. The major centres of Salisbury, Southampton, Winchester and Portsmouth are all easily accessed.
Test Valley Borough Council - Band B All main services are connected Heading out of Romsey heading towards Winchester, proceed past The Plaza and bear left immediately after the parade of shops into Brick Lane.
The apartment will be found straight ahead of you. What3words ///flippers.sponsors.hence Agents Note Length of lease - 125 years from 2015.
The service charge is approximately £1800.00 per annum payable in two instalments.
Anti Money Laundering Estate Agents are legally required to conduct Anti-Money Laundering (aml) checks on all parties involved in the sale or purchase of a property.
W&W use a specialist service called "Verify 365" to perform these checks. This is a service offered to Estate Agents who are members of the Guild of Property Professionals.
These checks must be completed before a property is listed for sale and as soon as an offer is accepted (before we send out the Memorandum of Sale).
There is a non-refundable fee of £25 (plus VAT) per person. Note: W&W receive a portion of this fee to cover our administration costs in processing these legal checks.
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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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
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FAQ
About 19, Brick Lane, Hampshire
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