2-bedroom flat · PO11 9NQ
Under offerReduced £10k (−5.9%) on 24 MayListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Internal viewing is highly recommended for this GROUND FLOOR apartment in South East Hayling Island, with its OWN GARDEN. The security entry system door leads into a communal Hallway and flat 11.
There are two Bedrooms, a newly fitted Kitchen and recently fitted white Bathroom suite. The spacious Lounge has Upvc doors leading out to the enclosed west facing Rear Garden.
The property lies just back from the promenade and beach and is convenient to bus routes and local shops.
With its long lease, the flat is suitable for investment, First time buyers or as a holiday base. Well presented throughout. Intercom security entry system. Door to Communla Hallway and flat 11.
Hallway Radiator. Door entry telephone receiver. Wall thermostat. Built in storage cupboard with shelving. Door to Lounge 16' 1'' x 9' 8'' (4.90m x 2.94m) Radiator.
TV aerial point and Telephone/broadband point. Upvc double glazed windows and door to own Garden. Open access to Newly fitted Kitchen 9' 6'' x 6' 4'' (2.89m x 1.93m) Fitted to three sides.
Single drainer stainless steel sink unit with mixer tap set in wood block effect work surface. Cupboard below. Space and plumbing for automatic washing machine.
Inset induction hob, built in oven below and over head extractor hood. Range of matching matt white fronted wall and base cupboards and drawers. Space for tall fridge/freezer. Slip resistant flooring.
Bedroom 1 14' 0'' x 10' 0'' (4.26m x 3.05m) Double glazed window to west facing aspect overlooking garden. Radiator. Bedroom 2 9' 0'' x 8' 0'' (2.74m x 2.44m) Double glazed window.
Radiator. Built i airing cupboard housing newly installed hot water tank and heating/hot water control unit.
Bathroom Newly fitted white suite comprising panelled bath with mixer tap and hand held shower. fitted screen. Close coupled WC. Pedestal wash hand basin. attractive tile effect splash backs.
light strip/shaver point. Extractor fan. Slip resistant flooring. Radiator and shelving. Outside One allocated parking space and visitors parking spaces to the front.
An enclosed west facing garden which has a block paved patio area for table and chairs and artificial grass area. Shingle laid display borders. Trellis for climbers and exterior over fence lighting.
Tenure Leasehold. 125 years from 1st January 2010 therefore 109 years remaining. Service charge: £1150 (approx). Nb.
Please note the residents are negotiating to purchase a share of the freehold.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 129 Southwood Road, Hayling Island
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