2-bedroom terraced house · SO31 4JR
Listing removedListed 315 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A refurbished two-bedroom (both doubles) maisonette set back from the road, featuring a modern kitchen and bathroom, spacious living/dining room and allocated parking.
Conveniently located near local shops, Hamble village and the marinas. Ideal first-time purchase or investment.
The Old Telephone Exchange is an attractive conversion of unique homes, each benefiting from its own private front door, use of the communal garden and a share of the freehold with a long lease — making this a highly appealing and low-maintenance purchase.
Stepping through the front door, you enter the hallway with an open doorway leading into the kitchen.
Positioned to the front of the property, the kitchen is modern in style and fitted with a tall fridge/freezer space, electric hob and oven, and a Butler sink.
The open-plan living/dining room is a generous space with a private outlook to the rear and a turning staircase rising to the first floor.
There is also a large storage cupboard/utility area providing very useful additional space.
On the first floor, the landing gives access to the loft via a hatch with fitted ladder; the loft is partly boarded for storage.
Bedroom one is a good-sized double with a skylight window, while bedroom two is also a double, again with a skylight.
The bathroom is modern and well fitted with a bath and electric shower over, vanity basin, WC and built-in cupboard.
Outside, the communal garden is laid to lawn with shrub borders and a shared washing line. FRONT: One allocated parking space plus visitors parking.
REAR: Communal garden laid to lawn with drying area. TENURE: Share of Freehold. LEASE: Remainder of 999 years. MAINTENANCE CHARGE: £85.00 per month. Eastleigh Borough Council, tax band B.
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 Hamble Lane, Hamble, Southampton, Hampshire, SO31
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