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See how verdicts work2-bedroom flat · PO11 9PY
Under offerListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Internal viewing is highly recommended for this compact first floor flat located at south East Hayling and located just back from the Sea Front, convenient to Beach, Sailing Club and Nature Reserve.
The communal Hallway has stairs to the first floor and flat 4. There is a Hallway, Kitchen, 2 Bedrooms, white Bathroom suite and South Facing Lounge with Balcony, offering pleasant Sea glimpses.
Outside has an allocated parking space. The property is only suitable for CASH BUYERS, as the lease has dropped to 60 Years (approximately). Nicely presented and being offered with no forward chain!
UPVC double glazed door to communal Hallway and stairs to first floor. Hallway Built in airing cupboard housing hot water tank with cupboard over. Dimplex night storage heater.
Lounge/Diner 14' 0'' x 11' 6'' (4.26m x 3.50m) South facing. TV aerial point. Night storage heater. Dimmer switch.
UPVC double glazed sliding patio doors with vertical blinds, leading to: South facing Balcony: Glass screen with stainless steel rail. Quarry tiled floor. Sea glimpses. Kitchen Irregular shape.
Single drainer sink unit and mixer tap set in work surface. Cupboards and drawers below. Plumbed in washing machine and included under counter, fridge and freezer. Tiled splash backs. Shelving.
Inset 'New World' induction hob with over below and over head extractor hood. Range of white gloss fronted wall and base cupboards and drawers. Laminate flooring. Double glazed window to rear aspect.
Bedroom 1 3' 6'' x 10' 3'' (1.07m x 3.12m) Electric radiator. Tv and telephone aerial point. South facing double glazed window with vertical blinds, to front aspect.
Bedroom 2 11' 0'' x 6' 10'' into door recess (3.35m x 2.08m) Double glazed window to rear elevation. Dimplex electric heater and telephone point.
Bathroom White suite comprising close coupled WC, half inset wash hand basin with mixer tap and cupboard below. Panelled bath with mixer tap and hand held shower attachment. Curtain rail.
Mirror fronted bathroom cabinet, extractor and wall mirror. Strip light/shaver point. Ceramic wall tiling. Slip resistant flooring. Outside Allocated parking space to the rear of block.
Outside water tap point. Tenure Leasehold: 60 years remaining. Cash buyers only. Ground rent: £433 p.a (approx). service charge: £600 p.a. (approx). Includes Building Insurance and cleaning.
Cost to renew lease quoted as approximately £29,000.
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
Agent & docs
FAQ
About Southwood Road, Hayling Island
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