2-bedroom flat · PO14 4FP
Sold STCListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two double bedroom top floor apartment, offering spacious and modern accommodation throughout.
The property is entered via a welcoming entrance hall with two useful built-in storage cupboards.
At the heart of the home is an impressive 23'1" dual aspect open plan kitchen, living and dining room, creating a bright and sociable space ideal for both everyday living and entertaining.
The kitchen is fitted with an integrated oven and hob and offers space for additional appliances, while a Juliet balcony finishes the living area.
The principal bedroom is a generous double room featuring built-in wardrobes and a contemporary en-suite shower room.
A second double bedroom is served by a well-appointed family bathroom comprising a modern white three-piece suite with attractive tiled surrounds.
Externally, residents enjoy access to communal gardens, a bike store and bin store, together with the benefit of an allocated parking space.
Lynn Crescent is ideally situated in the highly sought-after area of Titchfield Common, conveniently positioned within easy reach of the shops, amenities and facilities of both Titchfield and Locks Heath.
A popular local pub is just a short walk away, while excellent transport connections are available via the nearby A27 and M27.
Further benefits include approximately 109 years remaining on the lease, a service charge of approximately £800 per annum and a ground rent of approximately £180 per annum.
A deed of variation is in place, meaning the ground rent will remain fixed until 31st December 2034 and thereafter will only increase in line with the Retail Price Index (rpi), subject to review every 25 years.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 32, Lynn Crescent, Hampshire
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