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See how verdicts work3-bedroom flat · SO41 9NX
Listing removedReduced £15k (−3.2%) on 23 JulListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom duplex apartment with allocated gated parking This well presented duplex apartment offers spacious living arranged across three levels and enjoys the advantage of its own private entrance, accessed from a gated courtyard with allocated parking.
The property has recently undergone refurbishment to the kitchen and offers a long lease with approximately 986 years remaining, no ground rent and a service charge of £98 per calendar month.
The ground floor serves as the entrance level, providing access from the gated parking area and courtyard. Outside the entrance is a planting area which adds to the individual feel of the property.
The first floor comprises a sitting room, a recently redesigned and fully refurbished kitchen, utility room with WC, bedroom two with en suite shower room and a third bedroom.
Large French doors allow plenty of natural light into the living space and provide an attractive focal point within the home.
Occupying the second floor is the principal bedroom suite, which includes an en suite shower room. Also on this level is a substantial office or hobby room together with a walk in wardrobe.
This versatile space could be utilised in a variety of ways depending on individual requirements, whether as a workspace, dressing room, gym area or further living space.
Externally, the property enjoys allocated parking within the gated courtyard, providing secure and convenient off road parking.
Lymington is a popular coastal town offering a wide range of amenities including independent shops, supermarkets, cafés, restaurants, healthcare facilities and leisure amenities.
The town is well known for its marina, sailing facilities and attractive High Street, while the nearby New Forest provides extensive opportunities for walking, cycling and outdoor recreation.
Rail and road links connect the area to neighbouring towns and cities across Hampshire and beyond.
This three bedroom duplex apartment combines generous living space, a private entrance, gated parking and a long lease in a highly regarded coastal location.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria. Exclusivity Fee: You can secure the purchase by paying an exclusivity fee of £2,000.
This grants the buyer exclusive rights to proceed with the purchase for the duration of the conveyancing process, during which time the seller agrees to remove the property from the market and not negotiate with other parties.
The exclusivity fee is returned to the buyer upon successful completion of the purchase.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This agreement sets out the terms of exclusivity and seller commitment but does not constitute an exchange of contracts.
This arrangement provides buyers with reassurance that the property is secured exclusively for them, reducing the risk of gazumping and unnecessary aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
Kitchen (3.46m x 3.34m) Sitting Room (5.6m x 4.32m) Bedroom Two (5.27m x 4.32m) Ensuite Bathroom Bedroom Three (3.43m x 2.16m) Utility Room Bedroom One (7.51m x 5.64m) Office/Hobby Room (6.38m x 5.81m) Bathroom W.C
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 4, Lyric Place, Hampshire
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