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See how verdicts work1-bedroom house · SO50 6HE
For saleListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the ground floor overlooking the main courtyard this apartment has a westerly aspect and patio area where you can sit and soak up the afternoon sun watching the world go by.
Looking across to the historic Mount building, which houses the Wellness Centre with pool & spa, you might be tempted to pop across and join in the aquarobics or pop upstairs to the hair/beauty salon.
You can also walk under cover through to reception and enjoy some refreshments in the resident's restaurant, cafe and bar, there’s always something going on.
The hallway has a useful storage cupboard housing the meters, Anchor selects utilities centrally for the benefit of all residents and you'd receive a monthly statement showing your consumption for water, gas for the underfloor heating and electricity, to be paid by monthly direct debit.
The living room is west facing with double doors opening on to the patio area where you can keep a few pots.
A glazed door opens to the compact kitchen which has integrated appliances including; washer/dryer, fridge with freezer compartment, combination oven and two ring induction hob.
The bedroom also enjoys a westerly aspect and has fitted wardrobes giving excellent storage with hanging rails and shelving.
The shower room is situated off the bedroom and has fitted storage, a vanity wash basin, low level wc with concealed cistern and a walk in shower.
Other Information There is an age restriction at this development, at least one of the residents must be over 65 years of age. Lease: 125 years from 1st Jan 2015 (approx.
114 years remaining) We are advised that the annual ground rent is £500.00 (doubling on each successive 25 years of the term.).
The service charge is £690.44 per month for the financial year 01/04/25– 31/03/26. There is a deferred sinking fund contribution upon sale of 4% of the sale price.
With the retirement living package the minimum requirement is one hour cleaning a week, at a cost of £23.10 .
Should you wish to upgrade an Assisted living package includes all utilities, a daily 2 course meal of lunch in the restaurant, 1 hour of housekeeping per week and 1 bag of laundry per week, at a cost of £1029.94 per month for 1 person.
Subject to change and in addition to service charges.
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
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FAQ
About 43 Garnier Drive, Bishopstoke Park, Eastleigh
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