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See how verdicts work1-bedroom flat · SO41 9PA
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
10 Farringford Court is an immaculately presented and spacious one-bedroom ground floor retirement apartment, forming part of the highly regarded Farringford Court assisted living development, conveniently situated close to Lymington town centre.
Specifically designed for the over 70s, the development offers a range of facilities and services intended to provide comfortable, independent living with additional support available when required.
The apartment is particularly well positioned within the development, being close to the residents' lounge and restaurant, and has the considerable advantage of its own private west-facing terrace and garden, providing an attractive outside space in which to relax and enjoy the afternoon and evening sunshine.
The development is approached through a secure communal entrance with an intercom system and an adjacent office for the house manager.
A communal hallway leads to the apartment's private front door, which opens into a spacious reception hall with electric heating, an entrance intercom and a large walk-in storage cupboard housing the hot water cylinder, together with plumbing for a washing machine.
The sitting/dining room is a particularly attractive feature of the apartment, being light and airy with a large bay window providing excellent natural light.
There is a feature fireplace, electric heating and a double-glazed door opening directly onto the private terrace and garden, creating a pleasant connection between the living accommodation and outside space.
A connecting door leads into the kitchen, which is fitted with a range of cupboards and drawers incorporating a sink unit, electric oven, hob and extractor, together with space for a refrigerator.
The kitchen also benefits from tiled walls and flooring. The double bedroom is generously proportioned and includes electric heating and fitted wardrobes with sliding mirrored doors.
Adjacent to the bedroom is a spacious bathroom, thoughtfully arranged with both a bath and a wet-room style shower, together with a vanity wash basin and WC.
The bathroom is finished with tiled walls and practical waterproof flooring.
A particular advantage of this ground floor apartment is its private garden and terrace, which enjoy a desirable westerly aspect.
This provides an easily managed outdoor area, ideal for sitting out, entertaining visitors or simply enjoying the afternoon sunshine.
Farringford Court is an established assisted living development designed to combine the benefits of independent retirement living with the reassurance of additional facilities and support.
The development offers an attractive communal environment, with a spacious residents' lounge providing a welcoming place to socialise, meet friends and participate in the community.
There is also an on-site restaurant offering an appealing and reasonably priced menu, providing residents with the convenience of freshly prepared meals without the need to cook every day.
The presence of a house manager, secure entrance arrangements and communal facilities makes Farringford Court particularly appealing to those seeking a comfortable, manageable home with the added reassurance of living within a supportive retirement community.
The apartment's convenient ground floor position, proximity to the principal communal facilities and direct access to its own garden are particularly attractive features.
Location - Farringford Court occupies a convenient position close to the heart of Lymington, one of the most attractive and sought-after market towns on the south coast.
The town centre and Georgian High Street offer an excellent selection of independent shops, boutiques, cafés, restaurants and everyday amenities, together with the popular Saturday market.
Lymington is renowned for its maritime heritage and sailing facilities, with the picturesque Town Quay, Lymington River, marinas and yacht clubs all contributing to the town's distinctive coastal character.
The nearby Sea Wall and surrounding coastline offer delightful opportunities for walking and enjoying views towards the Solent and Isle of Wight.
To the north lies the New Forest National Park, with its beautiful open countryside, ancient woodland and picturesque villages, providing an outstanding setting for leisurely walks, scenic drives and days out.
Council Tax – C EPC Rating - C
Value & comps
No previous sales on record.
Returns
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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 Avenue Road, Lymington, Hampshire, SO41
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