2-bedroom flat · PO22 8QH
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If peace and quiet is one of your requirements when looking for a property, it is difficult to imagine many more PURPOSE BUILT GROUND FLOOR FLATS that could offer a higher degree of privacy.
Forming part of a small development of flats built in the 1960s, and situated at the head of a cul-de-sac adjoining the private Roundle Estate, this flat occupies a prime position with communal gardens surrounding.The property has been completely modernised by the current owner, offering updated and refreshed accommodation throughout whilst retaining its surprisingly spacious layout.With an extended lease until 2129, this should satisfy even the youngest buyer!
Why not take a look for yourself to test this agent’s claims? COMMUNAL HALL: With locking storage cupboard and access to the Communal Gardens.
double glazed fire door to: PRIVATE LOBBY: radiator; cloaks/meter cupboard; door to: INNER HALL: Shelved storage cupboard; further storage cupboard; door to: LIVING ROOM: 15' 10'' x 11' 0'' (4.82m x 3.35m) Media wall with acoustic panelling and wall lights; radiator.
KITCHEN: 10' 0'' x 8' 10'' (3.05m x 2.69m) (Maximum measurements over units).
Recently re fitted with a range of floor standing drawer and cupboard units; worktop; tiled splash backs and matching wall mounted cabinets over; inset stainless steel sink; electric double oven; electric hob; filter hood over; space and plumbing for washing machine; further appliance space; larder; shelved store cupboard.
BEDROOM 1: 13' 0'' x 11' 0'' (3.96m x 3.35m) With full width range of fitted wardrobe cupboards, also housing replacement gas fired boiler; black out blinds; radiator.
BEDROOM 2: 11' 7'' x 9' 7'' (3.53m x 2.92m) Radiator. BATHROOM: Fully tiled suite comprising of panelled bath; pedestal wash hand basin; heated towel rail.
SEPARATE W.C.: Close coupled W.C.; radiator. COMMUNAL GARDENS: The property is surrounded by communal gardens, laid principally to lawn with mature shrub hedging and borders.
OUTSIDE AND GENERAL: GARAGE: Located in nearby compound. LEASE DETAILS: TENURE: 104 years remaining of original 125 year lease from March 2004. GROUND RENT: Currently £100.00 p.a.
reviewed every 25 years. SERVICE CHARGE: Currently £1,766 p.a., reviewed annually.
These figures are provided by the Seller and their accuracy cannot be guaranteed, as we have been unable to verify them by means of current documentation.
Should you proceed with the purchase of this property, these details must be verified by your solicitor. PLEASE NOTE The owner of this property is related to a member of May's staff.
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
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FAQ
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