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See how verdicts work2-bedroom flat · SO41 9JY
Listing removedReduced £15k (−5.1%) on 27 OctListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming two double bedroom ground floor apartment is perfectly positioned within walking distance of Lymington High Street and a host of local amenities.
Boasting a versatile living/dining room, a well-appointed kitchen, and a family bathroom, this property offers comfortable and convenient living with the added benefit of a garage in a nearby block with visitors parking available.
Set within a well-maintained communal garden, this flat provides both a peaceful retreat and easy access to the vibrant town centre.
Communal front door leading into the communal hallway and front door leading into the apartment.
The living/dining room is a key feature of the property, providing a spacious area with plenty of natural light with large windows.
This versatile space lends itself perfectly to relaxing evenings, entertaining guests, or enjoying family meals, with ample room for both lounging and dining furniture.
The kitchen is neatly fitted with a range of contemporary units, offering ample work surface space and incorporating a single bowl sink with drainer and mixer tap.
There is a built-in electric oven with an electric hob and extractor hood over, along with space for a tall fridge freezer. A washing machine, tumble dryer, and dishwasher are all installed.
A window to the front aspect provides natural light. Both bedrooms are generous doubles, offering comfortable accommodation that can adapt to various lifestyle needs.
Whether used as restful sleeping quarters, a home office, or creative space, these rooms provide flexibility and comfort, both with window to the rear aspect.
The family bathroom comprises of a modern suite with a panelled bath unit with mixer shower over, heated towel rail, wash hand basin, WC, and range of built-in vanity storage cupboards.
Externally, residents benefit from well-maintained communal gardens, perfect for enjoying some outdoor relaxation.
Additionally, a garage located in a nearby block offers valuable parking and storage space, a rare and convenient feature in this popular town centre location.
There is also visitors parking available.
Tenure: Share of Freehold Lease: 999 years from 12th June 1970 (944 years remaining) Ground Rent: N/A Service Charge: £1,400 per annum (spread over 4 quarterly payments of £350) To include maintenance of the car park, communal gardens, communal hallways and staircases and external guttering etc.
The beautiful Georgian market town of Lymington has many independent shops and a picturesque harbour, deep water marinas, and sailing clubs.
Lymington has numerous highly regarded restaurants and designer boutiques and is surrounded by the outstanding natural beauty of the New Forest National Park.
To the north are the New Forest villages of Brockenhurst and Lyndhurst and Junction 1 of the M27 which links to the M3 for access to London.
There is also a branch line train link to Brockenhurst Railway Station (approx. 5.5 miles) which provides a half-hourly service to London Waterloo with a journey time of approximately 90 minutes.
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 6, Grosvenor Mews, Lymington
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