2-bedroom terraced house · SO24 9ER
Sold STCListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning ground floor apartment forming part of a grand Georgian country house located within walking distance of the centre of Alresford.
This property is beautifully presented throughout, having undergone extensive refurbishment by the vendor.
The property benefits from an abundance of natural light thanks to high ceilings and large sash windows. The property has its own front door, making its entrance independent of the main building.
In addition, there is ample allocated parking and further visitors' parking. This property is being sold with the benefit of no onward chain and could make an ideal 'lock up'.
The front door-located at the side of the building-opens into a charming 'boot room'. Another door leads into the main hall, from which doors open into the principle rooms.
The large sitting room features high ceilings with cornicing, a ceiling rose, a fireplace with wood-burning stove, sash windows and a lovely inset bar area with shelves and storage.
Next door is the kitchen/dining room, which is a wonderful, open-plan room with fitted kitchen units at one end and space for a sizeable dining table and chairs at the other.
The master bedroom is a generous double bedroom with a stylish recently refurbished en-suite bathroom. From the bedroom, there is a lovely outlook over the gardens, with a view over a vineyard beyond.
There is a further chic bathroom with a shower off of the hall, and a delightful second bedroom with a built-in wardrobe.
The beautifully maintained gardens and surrounding parkland are owned by the apartment owners and are maintained under the service charge agreement.
The gardens wrap around the house and may be enjoyed by all building residents.
Outside, there is a patio area with space for outdoor seating, parking for two cars as well as an allocated parking space at the front of the building.
Alresford is 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, several churches and an active and inclusive community.
The cathedral city of Winchester is about 7 miles away and there is easy access to the south coast, the midlands and London via the road network.
There is also mainline rail access to London from both Winchester and Alton. Southampton airport is only about half an hour away by car Services Mains gas, electricity and water are connected.
Shared private drainage system.
Local Authority Information Winchester City Council Council Tax Band: F Lease Information Term: 999 years from 1996 Years remaining: 973 Service charge: £3,330 for 2021/22 Ground rent: Nil
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
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FAQ
About 6 Arlebury Park House, The Avenue, Alresford
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