2-bedroom house · SO50 6HD
Listing removedListed 253 days
Opportunity summary
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About
11 Walter Lane is situated in Cherry Walk on the first floor and can be accessed by stairs or a lift.
The reception hall is very spacious, with room to park a buggy if needed, and two handy storage cupboards.
The primary bedroom has a good range of built in wardrobes and an ensuite with level access shower. Across the hallway you'll find the separate bathroom, both have windows for natural ventilation.
Bedroom two is a generous double with a walk in bay window, creating a lovely spot for a desk, there are more built in wardrobes here too.
The living room extends to 21'9 (6.63m) giving defined areas for sitting and dining. There is a feature fireplace in the sitting area and double doors opening onto the south facing balcony.
The dining area has double doors opening to the kitchen.
Fully fitted with integrated appliances the stylish units give plenty of storage for all the kitchen gadgets, there is space for a small table or free standing unit too.
Moving to Bishopstoke Park will give you the peace of mind that you can enjoy all the facilities and benefits the village has to offer and if your care needs change in the future, then the excellent staff are on hand to assist you.
The stunning 19th-century Mount building houses a state-of-the-art wellness centre and spa with a swimming pool, hot tub, steam room, sauna, and fully equipped gymnasium.
Antlers restaurant & bar is the venue for dining and socialising, with Cotton's deli and cafe a great spot for a casual coffee & cake, or picking up essentials.
The extensive grounds offer peaceful gardens and woodland walks to enjoy.
Other Information: This is a Probate sale - we await the grant of probate which will be required before exchange of contracts could take place.
There is an age restriction at this development, at least one of the residents must be over 65 years of age. Lease: 125 years from 1st Jan 2017 (approx.
116 years remaining) We are advised that the annual ground rent is £500.00 (doubling on each successive 25 years of the term).
The service charge is £690.44 per month for the financial year 01/04/25- 31/03/26. Anchor selects utilities centrally for the benefit of all residents.
Residents receive a monthly statement showing their metered consumption for water, heating and electricity and are payable by monthly direct debit.
There is a deferred sinking fund contribution upon sale of 4% of the sale price.
Bishopstoke Park is situated just 3 miles from Southampton Airport, and while this provides convenient access to travel, residents may occasionally notice some background aircraft noise.
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.
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FAQ
About 11 Walter Lane, Bishopstoke Park Retirement Village
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