1-bedroom house · GU34 1FZ
Sold STCListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the highly regarded McCarthy Stone Retirement Living PLUS development at Austen Place in Alton, this beautifully presented first-floor one bedroom apartment offers spacious, modern accommodation with superb on-site facilities designed for comfort, convenience and community living.
The apartment welcomes you with a generous entrance hallway providing useful storage and leading through to a bright and spacious living room.
This inviting space opens onto a private balcony, perfect for enjoying fresh air and views over the surrounding area.
The contemporary kitchen is well appointed with fully integrated appliances, sleek cabinetry and practical worktop space, making it both stylish and functional.
The large double bedroom is a real highlight, featuring impressive floor-to-ceiling windows that flood the room with natural light.
A walk-in wardrobe provides excellent storage, while the modern wet room offers a spacious and accessible design with additional built-in storage.
Austen Place is a superb development offering residents a vibrant yet relaxed lifestyle with outstanding communal facilities.
These include: On-site restaurant serving freshly prepared meals Beautiful landscaped communal gardens Stylish residents' lounge and club lounge hosting regular social events and activities Function room for gatherings and community events Well-being suite for health and relaxation Laundry room Guest suite available for visiting family and friends Residents also benefit from an on-site manager, 24-hour staff presence, and a Careline system for peace of mind.
Additional personalised care packages are available if required, and the property includes one hour of domestic assistance per week.
An added financial incentive is that the seller will pay the service charges for the first two years (based on current charges), offering excellent value and reassurance for the new owner.
Perfectly positioned, the development is close to a large Sainsbury's supermarket and just a short walk from Alton's historic High Street, with its range of shops, cafés and local amenities.
This fantastic apartment combines modern comfort, independence and community living in one of Alton's most sought-after retirement developments.
Disclaimer - please note some of the photos in this listing have been virtually staged to show how the spaces can be laid out for future owners.
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 Austen Place, Alton, Hampshire, GU34
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