2-bedroom flat · SO40 4AQ
Listing removedListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location Offered chain free, with a long lease and peppercorn ground rent, this well-presented two-bedroom ground-floor apartment is situated within the popular Quayside Walk development in Marchwood.
The property enjoys a convenient position close to Southampton Water and Marchwood Yacht Club, while benefiting from a range of local amenities including shops, pubs, schools, and healthcare facilities.
Marchwood is ideally placed for access to Totton, Hythe, and Southampton city centre, with the M271 and M27 motorway networks providing excellent transport links across the South Coast.
The New Forest National Park is also within easy reach, offering a wealth of outdoor leisure opportunities.
Internals Accessed via a secure entry system, the apartment opens into a welcoming entrance hall with useful storage.
The spacious dual-aspect lounge/dining room is bright and airy, providing ample space for both relaxing and entertaining.
The fitted kitchen offers a range of wall and base units with plenty of worktop space and enjoys direct access to a private balcony.
There are two well-proportioned bedrooms, including a generous principal bedroom with en-suite shower room, while a separate family bathroom serves the remainder of the accommodation.
The property benefits from gas central heating and double glazing throughout.
Externals A particular feature of the property is the inclusion of two allocated parking spaces, a valuable benefit that is rarely available with apartments in the area.
The development is complemented by attractive communal gardens, which are well maintained and provide pleasant green surroundings for residents to enjoy.
Combined with the private balcony and sought-after waterfront location, this apartment offers an excellent opportunity for first-time buyers, downsizers, and investors alike.
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.
Area
Agent & docs
FAQ
About 2, Admiralty Way, Southampton
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