1-bedroom flat · PO9 1QS
Under offerListed 238 days
Opportunity summary
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About
To Be Sold By Public Auction - The Brooks Suite at the Silverlake Stadium, Stoneham Lane, Eastleigh, SO50 9HT - Wednesday 20th May at 11am This well proportioned, one bedroom purpose built retirement apartment sits in the popular location of Bellair House, just a few minutes walk away from Havant town centre.
This retirement apartment is available to anyone aged 55 and above, benefitting with a lift and stairs to all floors.
The property comprises an: Entrance hall, lounge, fitted kitchen, bathroom, double bedroom with a space for a double wardrobe. To the outside are landscaped gardens, residents and visitor parking.
The apartment also has use of the residents lounge and laundry room. Entrance Hall Via hardwood front door leading into the hall.
Hall Emergency pull cord, textured and coved ceiling, careline call box, security entry phone, door leading to all rooms, wall mounted consumer unit, door giving access to storage/airing cupboard.
Store Cupboard Hot water tank, header tank, shelving.
Lounge Double glazed window to the rear aspect, feature electric fire, emergency pull cord, textured and coved ceiling, television and telephone point, wall mounted light points, open arch leading to the kitchen.
Kitchen Work surface with cupboards and drawers beneath with matching wall mounted units, tiled splash backs, fitted oven, inset sink and drainer with mixer taps over, space for fridge/freezer, double glazed window to the rear aspect, textured ceiling.
Bedroom Double glazed window to the rear aspect, wall mounted electric heater, recess for a double wardrobe, textured and coved ceiling, television point, emergency pull cord.
Shower Room Panel enclosed bath with mixer taps and shower attachment, curtain and rail, concealed cistern wc, wash hand basin set within vanity unit, fully tiled walls, emergency pull cord, vinyl floor, extractor fan, textured ceiling, vinyl flooring.
Outside Communal gardens, visitor and resident parking. Remainder of 99 year lease commencing 19/06/1986.
Service charge £209.02 per month Havant Borough Council - Band B, charge payable £1569.73 ADDITIONAL FEES: Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the purchaser on completion.
MONEY LAUNDERING PROCEDURES IN ACCORDANCE TO THE ABOVE, PLEASE BE ADVISED, THAT IF YOU INTEND TO BID ON THIS PROPERTY, THEN YOU WILL BE REQUIRED TO PROVIDE TWO FORMS OF ID (ONE PHOTO-TYPE).
IF, YOU ARE INTENDING TO BID ON BEHALF OF A THIRD PARTY, THEN WE WOULD REQUIRE BOTH ID FOR YOURSELF, PLUS A CERTIFIED COPY OF PHOTO ID FOR THE INTENDED PURCHASER.
PLEASE SEE WEB-SITE, FOR FURTHER DETAILS.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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