2-bedroom flat · SO32 1NS
Listing removedReduced £20k (−8%) on 13 OctListed 171 days
Opportunity summary
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About
This smart and spacious two bedroom ground floor apartment is set in The Old School House on Bank Street, a beautiful historic building in Bishops Waltham town centre.
The grand main entrance hall is spacious and features a character staircase. Here a front door into the property opens to a private hallway with a feature skylight.
To the left, the master bedroom is a generously proportioned double with an ensuite shower room. The living room is a good size and features a decorative fireplace.
The kitchen/dining room is large with fitted appliances and has ample room for a table. The family bathroom offers a shower over bath and the second bedroom makes an ideal office space or hobby room.
To the rear of the property is a neat, well maintained courtyard garden for residents of the building.
Bishops Waltham High Street with its array of boutique shops and eateries is just a short walk away.
Tenure Leasehold Unexpired Years: 104 Annual Ground Rent: Ground Rent Increase: Tbc Ground Rent Review Period: Every December Annual Service: £ 1200 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Bishop’s Waltham provides a good range of everyday amenities, including shops, a post office and places to eat and drink.
Set in the attractive Meon Valley at the head of the River Hamble, Bishop’s Waltham is a delightful place - as well as a traditional weekly market, there is a choice of local groups and clubs.
A short distance away is the popular Skylark Golf & Country Club, an 18-hole course surrounded by beautiful countryside; the perfect retreat for any keen golfer.
A little under 10 miles away in Fareham is Whiteley Shopping Centre, which also has a number of places to eat and drink alongside a good choice of high street stores.
With excellent links to roads including the M27 and M3, you can easily reach Southampton Airport, as well as the centre of Southampton in around 30 minutes, where shoppers can enjoy some retail therapy at Westquay Shopping Centre.
Nearby Botley has a mainline railway station to London Waterloo.
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 2, Old School House,, Bank Street, Southampton
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