2-bedroom terraced house · SO23 7GL
Sold STCListed 327 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming two bedroom end of terrace home, situated in the sought-after area of Kings Worthy.
Available through shared ownership, this property offers an affordable opportunity to step onto the property ladder with an initial purchase percentage of 50%, equating to £192,500.
As part of a Section 106 agreement with the local council, prospective buyers must demonstrate a connection to the local area, ensuring the home remains integral to the community.
Inside, the ground floor features a generously sized lounge, perfect for relaxing or entertaining, alongside a modern kitchen equipped to meet all your culinary needs.
A convenient downstairs W/C adds practicality to the layout. Upstairs, the property boasts two spacious bedrooms and a well-appointed family bathroom.
Each room is thoughtfully designed to maximize comfort and functionality.
Externally, the home offers off road parking and a well-sized, sociable rear garden ideal for outdoor gatherings, gardening, or simply enjoying the fresh air.
This delightful home combines modern living with community focused affordability. Don’t miss the opportunity to make it yours!
Financial Information: Property Value = £385,000 Percentage Share = 50% Share Price = £192,500 Monthly Rent = £372.67 Monthly Service Charge = £56.50 Tenure: Leasehold Council Tax Band: C (2024/2025 £1,911.52 PA) Utilities: Mains connected to Electric, Water and Waste, Electric Heating Parking: Driveway, Allocated Space, On Street and Communal EPC Rating: C EPC Rating: C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Blackberry Field, Kings Worthy, SO23
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