2-bedroom semi-detached house · SO24 9DZ
Sold STCListed 16 days
Opportunity summary
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About
A newly refurbished cottage located just 5 minutes' drive from Alresford, in a beautiful semi-rural area. There is a south-facing, lawned garden and a parking space.
The accommodation comprises a kitchen/dining room, sitting room, two double bedrooms and two shower rooms. The property is being sold with the benefit of no onward chain.
The cottage is approached via a path to the side.
A door opens to the spacious kitchen/breakfast room, where there is a new fitted kitchen with a view of the garden from the kitchen window, and a dining area.
A door enables access to a shower room, and stairs to the first floor and door to the garden.
Upstairs, there is a small landing, and a door to the main bedroom, which is a double room with a view of the garden and its own en-suite shower room.
There is a second, larger double bedroom at the front of the property. Outside, there is a parking space to the front of the cottage.
The piece of grass which houses the shared cesspit is owned by the adjoining cottage. A path leads around to the side to the cottage allowing access to the south-facing, lawned garden.
There is an outbuilding with power and light, which could be used as an office. The property backs onto a commercial site, which was previously used for the processing and packaging of watercress.
The site is under new ownership and is currently being improved with the intention of letting out for commercial use.
Old Alresford, with a village green and village hall at its centre, lies at the southern end of the Candover Valley in the middle of farming communities and the famous watercress beds.
There are a wide variety of walks and cycle rides from the doorstep.
Old Alresford has a strong village community, with its church, dramatic society, summer fayre, bonfire celebrations, cricket club and village events.
The town of New Alresford lies within a mile to the south, a beautiful Georgian town known for its variety of independent shops, restaurants and inns located in stunning surroundings on the edge of the South Downs National Park.
Attractions include the Watercress steam railway, schools for infant, junior and secondary education, churches and an active community.
The cathedral city of Winchester is just a few miles away and there is easy access to the south coast, the Midlands and London via the road network.
There is mainline rail access to London from Winchester or Basingstoke. Services Mains electricity connected - electric heating. Water from shared borehole with meter in the property.
Shared cesspit drainage system. Local Authority Information Winchester City Council Council Tax Band: Tbc
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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About 1 Nythe Cottages, Alresford
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