1-bedroom flat · SP11 9NG
Listing removedListed 134 days
Opportunity summary
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About
DESCRIPTION : A deceptively spacious, light and airy top floor flat benefiting from an excellent location with proximity to numerous local amenities and the local transport network.
Stratford Mews is a residential conversion from what was originally an Edwardian confectionery shop, built at the turn of the twentieth century.
Typical of that period in its character, the property features high ceilings and large window apertures throughout, creating that light and airy theme.
Well presented throughout, the accommodation has been significantly enhanced by the current owner and comprises stairs leading to the first floor and a front door into an entrance hallway.
Off the hallway are a very good-sized, dual-aspect living room, a kitchen, a good-sized double bedroom with extensive wardrobe storage and a modern bathroom.
Outside, to the rear is an allocated parking space along with visitor spaces also available.
LOCATION : The town of Ludgershall offers a range of amenities, including supermarkets, a post office, newsagents, a butcher, various fast food outlets and restaurants, a church, public houses, a GP practice and pharmacy, schools catering for all age groups, plus Ludgershall Castle, which dates back to the 11th Century.
Nearby Andover offers a range of shopping, educational and recreational facilities, including a cinema, theatre, leisure centre and college of further education.
The city of Salisbury and the market town of Marlborough are also nearby, along with the A303, which provides access to both London and the West Country.
The property can be found on Andover Road, just east of its junction with Bell Street.
OUTSIDE : The property fronts onto Andover Road with vehicular access to one side leading to the parking area located at the rear of the building.
A path on the opposite side of the building provides pedestrian access to a communal entrance for the property, shared with two other flats.
Stairs lead up to the accommodation and the front door of the flat. ENTRANCE HALLWAY : Window to one side and space for cloaks and shoe storage. Electric radiator and doors to all rooms.
LIVING ROOM : Light & Airy, dual-aspect living room of a very good size with windows to the front and to one side. Period picture rail. Feature electric fire and a modern electric radiator.
KITCHEN : Windows to one side. A range of eye and base level cupboards and drawers with worksurfaces over and tiled splashbacks.
Inset one and a half bowl stainless-steel sink and drainer, inset ceramic hob with an extractor over and an oven/grill below.
Freestanding washing machine, tumble dryer and undercounter fridge and freezer. Space for dining. DOUBLE BEDROOM : Good-sized double bedroom with a double window to the front.
Extensive wall-to-wall fitted wardrobe storage. Modern electric radiator. BATHROOM : Modern bathroom with a window to the rear. Fully tiled walls.
Panelled bath, separate double walk-in shower enclosure, newly fitted concealed cistern WC, newly fitted vanity hand wash basin with cupboard storage below and a newly fitted electric heated towel rail.
TENURE : Leasehold. A current 87-year lease is currently being extended by the current owner to 99 years. Annual management fee of £1700, which includes buildings insurance.
SERVICES : Mains drainage, water and electricity are connected. Heating via recently installed electric radiators with hot water via an immersion heater.
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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FAQ
About Stratford Mews, Ludgershall, SP11 9NG
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