2-bedroom property · GU34 2UU
For saleListed 404 days
Opportunity summary
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About
Taking advantage of a ground floor setting with direct access to the lovely gardens from the sitting/dining room, a prestigiously located 2 bedroom ground floor Close Care retirement apartment in the highly respected Brendoncare Foundation scheme.
Enjoying a twin aspect, the apartment is carefully designed to create independent access to all the rooms except the kitchen from the generous and welcoming entrance hall with window.
The sitting/dining room and principal bedroom claim a rear garden aspect with the latter benefiting from a large built-in storage cupboard/wardrobe.
Bedroom two looks south easterly across the main landscaped quadrangle.
There are wood finished internal doors, smooth finished ceilings and double glazing with night ventilators and security locks, whilst heating is provided by an electrically sourced system.
Mary Rose Mews is an architect designed complex of 46 age exclusive apartments (minimum age 60 years) served by colonaded loggias and set in the delightful broad level grounds of the Brendoncare care centre.
Situated on the easterly side of Alton's historic town centre, Mary Rose Mews has a Waitrose store, the station (Waterloo line), bus services, Anstey Park, St Mary's RC Church, Alton Health Centre, a dental surgery and Anstey Road Pharmacy in the neighbourhood.
The town affords a variety of individual and multiple shops, stores such as Boots, M&S and Sainsbury's, weekly and specialist open air market events, a library, further churches, restaurants, hotels and inns, cultural facilities and an interesting history with connections to the English Civil War, Jane Austen and hop growing.
NB 1.
The property is a leasehold tenure on a 99 year lease from 25 March 1997 The apartment is part of the Brendoncare charitable foundation-a much-admired scheme which supports older residents to maintain their independence with peace of mind.
The close care team at Mary Rose Mews are qualified carers and provide an on site carer for emergency assistance 24hrs a day.
There is a residents lounge, well-tended communal courtyard gardens and seating areas. Regular social gatherings are organised for residents and by residents.
Additional services that can be accessed are numerous and include : - Packages of care, Delivery of meals prepared on site in the neighbouring Brendoncare Nursing Home - Hair salon, Convenience shop and Church Services - Regular programme of activities arranged by dedicated activities team.
Mary Rose Mews is ideally located on the immediate outskirts of Alton Town centre with convenient access to : Medical centre ( a short walk away), Waitrose supermarket, Local bus services and Alton railway station (rail service to London Waterloo) Brendoncares ethos is kindness, dignity and purposeful living and this is woven into every aspect of life here, making Mary Rose Mews a rare opportunity to join a vibrant, supportive community tailored to older residents.
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.
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About Mary Rose Mews, Adams Way, Alton, Hampshire, GU34
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