2-bedroom flat · SP11 6TH
For saleReduced £10k (−4.8%) on 17 SepListed 207 days
Opportunity summary
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About
Tenure: Leasehold Description Offered for sale with no onward chain, this first floor apartment is located on the popular Picket Twenty development close to local amenities and countryside walks.
The well presented accommodation comprises hallway with storage cupboard, a double aspect living/dining room, a kitchen, two bedrooms and a bathroom.
Outside there is a shared garden with a store, a garage and parking space. Location The Picket Twenty development borders Harewood Forest with access to public footpaths literally on the doorstep.
Picket Twenty itself has a range of amenities which include Pilgrims Cross Primary school, Egg Day Nursery, a community hall, a Co-Op store and the Urban Park and sports pitches.
Andover itself offers a range of shopping, educational and recreational facilities including a college of further education, a cinema, theatre and leisure centre.
The mainline railway station runs a direct route to London's Waterloo in just over an hour whilst the nearby A303 offers good road access to both London and the West Country.
Accommodation Intercom system with door into communal hallway with stairs to first floor and front door into: Hallway Storage cupboard and doors to: Living/dining room Double aspect with storage cupboard and access to: Kitchen Window to rear.
Range of eye and base level cupboards and drawers with work surfaces over and inset stainless steel sink with drainer. Inset gas hob with extractor over and oven below.
Integral washer/drier, space for fridge/freezer and cupboard with wall mounted boiler. Bedroom 1 Window to front. Good sized bedroom with a fitted wardrobe cupboard. Bedroom 2 Window to front.
Bathroom Window to rear. Panelled bath with shower over, wash hand basin, WC and heated towel rail.
Outside There is a shared garden to the rear with a generous patio area, area of lawn and a communal store. There is a garage located to the rear with a parking space to the front. Tenure Leasehold.
The ground rent is £300 p/a (increases to £450 in 2031 and by £150 every 10 years thereafter), the service charge is approx.
£900 p/a and the block is managed by a Right To Manage company and the estate charge is approx. £250 p/a. Services Mains water, drainage, gas and electricity are connected.
Gas central heating to radiators. EPC Rating: B
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 36 Picket Twenty Way, Andover
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