1-bedroom house · SP10 2DU
Listing removedReduced £4k (−3.7%) on 20 AugListed 726 days
Opportunity summary
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About
Tenure: Leasehold Description Austin Hawk are delighted to offer this one bedroom, top floor retirement apartment located close to the town centre and benefiting from excellent communal facilities including a residents' lounge, laundry room, guest bedroom and emergency pull cords to all rooms.
The accommodation comprises a hallway, a sitting room, a kitchen, a bedroom and a shower room. Outside, there are communal gardens and communal parking for residents and visitors. No onward chain.
Location Andover offers a range of shopping, educational and recreational facilities including a college of further education, a cinema, theatre and leisure centre.
The mainline railway station runs a direct route to London's Waterloo in just over an hour whilst the nearby A303 offers good road access to both London and the West Country.
Accommodation Front door into hallway with residents' lounge.
Lifts to all floors and front door into: Hallway Storage cupboard with floor standing boiler, further storage cupboard and doors to: Sitting room Window to rear.
Feature fireplace with electric fire and glazed doors to: Kitchen Window to rear. Range of eye and base level cupboards and drawers with work surfaces over and inset stainless steel sink with drainer.
Inset electric hob with extractor over and eye level double oven. Integral fridge and freezer. Bedroom Window to rear and fitted wardrobe cupboards.
Shower room Shower cubicle, vanity cupboard with wash hand basin, WC, heated towel rail and extractor fan. Outside There are attractive communal gardens, including a patio offering space for sitting.
A car park offers parking for residents and visitors, including mobility scooters. Tenure Leasehold with 111 years from March 2019.
Service charge is currently £3,192.45 p/a payable in two instalments every 6 months. Ground rent is £395 p/a (fixed until 2028) collected in six monthly instalments.
Services Mains water, drainage and electricity are connected. Heating via night storage heaters. EPC Rating: C
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 Flat 37, Westfield Court Old Winton Road, Andover
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