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See how verdicts work2-bedroom flat · PO11 9QL
Sold STCListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Arden & Way are delighted to present to the sales market this beautifully refurbished two-bedroom ground floor flat.
The property has recently undergone full redecoration, with fresh paint throughout, newly fitted carpets, and a brand new contemporary shower room.
It is offered in excellent condition, ready for immediate occupation.
Ideally positioned in a desirable and convenient location, the flat sits directly on the seafront and is just a short walk from the local Nature Reserve, offering scenic coastal walks.
Hayling Island Sailing Club, with its wide range of boating facilities, is also nearby. Havant Town Centre, providing direct train links to London, is approximately a twenty-minute drive away.
The flat itself is situated on the ground floor at the north side of the block.
The accommodation includes an entrance hall with a storage cupboard, a generously sized lounge with ample space for a dining area, and a well-proportioned kitchen.
The newly fitted shower room has been finished to a high standard. There is one double bedroom and one single bedroom. The property benefits from electric heating and double glazing throughout.
Externally, there is one allocated parking space, and residents have access to attractive communal gardens that adjoin the promenade, enhancing the seaside lifestyle this property offers.
The property is being sold leasehold with a brand new 250-year lease, commencing 25 March 2024.
Once all six flats within the block have been sold, the freehold and management of Regatta Court will transfer to Regatta Management Limited, a company jointly owned and managed by the leaseholders.
There is a peppercorn ground rent, and the annual service charge is £850, which includes buildings insurance. For further information or to arrange a viewing, please contact Arden & Way.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Southwood Road, Hayling Island
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