1-bedroom flat · SO31 6RJ
For saleListed 184 days
Opportunity summary
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About
Offered to the market with no forward chain, a well-presented one-bedroom maisonette located in a well-established residential position within walking distance to the Locks Heath Shopping Centre.
This spacious one-bedroom, first-floor home is light and airy throughout with its own private entrance with stairs leading up to the accommodation.
The home comprises of a generous living room with bar window leading to a kitchen including breakfast bar, floor and wall mounted cupboards and ample space for white goods.
The bedroom is substantial size, and the bathroom includes a bath with shower above, wash basin and WC.
The property is also benefitting from a second room which could be used for a study or small single room. There is no onward chain with the sale of this home.
SUMMARY OF FEATURES: One-Bedroom, First-Floor Maisonette; No forward chain; Generous Living Room with Bay Window; Kitchen with Fitted Breakfast Bar and Ample Cupboard Storage; Bathroom with Shower Above Bath; Benefitting from Second Room for Office Space or Single Room; Conveniently situated to Locks Heath Centre including Waitrose, and a selection of other outlets cafes and restaurants.
GENERAL INFORMATION: TENURE: Leasehold (92 years left remaining); SERVICES: All Mains Services; LOCAL AUTHORITY: Fareham Borough Council; TAX BAND: A DISTANCES: Locks Heath Shopping Centre – 0.6 miles; River Hamble at Warsash – 1.6 miles; Swanwick Station – 1.8 miles
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
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FAQ
About St. Michaels Road, Locks Heath
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