1-bedroom flat · PO7 7FB
Listing removedListed 185 days
Opportunity summary
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About
A spacious one bedroom apartment situated on the ground floor. This apartment boasts a double bedroom, fully fitted kitchen with integrated appliances, shower room, Living area and patio.
Victory Court, a McCarthy Stone retirement living development benefits from a homeowners lounge, guest suite and is located close to local amenities.
*Entitlements Advice and Part Exchange available* Victory Court Victory Court was built by McCarthy & Stone purpose built for retirement living.
The development consists of 39 one and two bedroom retirement apartments for the over 60s.
There is a House Manager on site and a 24 hour emergency call system provided via a personal pendant alarm and with call points in the bathroom.
Victory Court is situated in Waterlooville, a popular residential neighbourhood with a bustling town centre.
Pedestrianised shopping areas including Wellington Way and Dukes Walk reflect the town's links to its naval heritage. The development includes a Homeowners' lounge and landscaped gardens.
There is a guest suite for visitors who wish to stay (additional charges apply). A car parking -permit scheme applies, check with the House Manager for availability.
It is a condition of purchase that all residents must meet the age requirement of 60 years.
Living/Dining Room A bright and spacious living/dining room incorporating a feature fireplace with fitted electric fire which provides an attractive focal point to the room.
TV and telephone points, two ceiling light points. Fitted carpets, raised electric power sockets. Double glazed french door leading to patio area. Kitchen A fully fitted kitchen with tiled floor.
A range of modern wall and base units with co-ordinated worktops and spashbacks, sink with drainer and mixer tap. Built-in oven, ceramic hob with extractor hood and fitted integrated fridge, freezer.
Bedroom A large double bedroom which benefits from a walk in wardrobe, ceiling lights and a large window. TV and phone point. Underfloor heating with individual thermostat.
Bathroom Fully tiled and fitted with suite comprising; shower with glass screen and grab rails. WC, vanity unit with sink and mirror above, electric heated towel warmer, underfloor heating.
Service Charge (Breakdown) • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 24 hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance The annual service charge is £2,943.52 for the financial year ending 31/03/2026.
The service charge does not cover external costs such as your Council Tax, electricity or TV, but does include the cost of your House Manager, your water rates, the 24 hour emergency call system, the heating and maintenance of all communal areas, exterior property maintenance and gardening.
To find out more about service charges please contact your Property Consultant or House Manager.
Leasehold Lease 125 years from 1st Jan 2012 Ground rent £425 per annum Ground rent review: 1st Jan 2027 Car Parking Permit Scheme Parking is by allocated space subject to availability.
The fee is usually £250 per annum, but may vary by development. Permits are available on a first come, first served basis. Please check with the House Manager on site for availability.
Moving Made Easy & Additional Information Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • free Entitlements Advice to help you find out what benefits you may be entitled to.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties.
For more information check our webpage additional services or speak with our property consultant • Full Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 2 Victory Court, Beaconsfield Road, Waterlooville
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