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See how verdicts work1-bedroom house · SO32 1RZ
Listing removedListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Approximate Internal Floor Area: 406.7 sq ft/ 37.8 sqm. No 16 Southbrook Mews is a first floor one bedroom apartment on this age restricted development for the over 55’s.
It is set within attractive mature gardens in a very central location just minutes walk to the historic Bishops Waltham High Street with its selection of shops, including a Post Office, cafes and pubs.
The development offers a resident caretaker, visitors suite available to book, communal lounge and laundry with washing machines and dryers. Viewing is very highly recommended.
Accommodation communual entrance Staircase to first floor, lift, Front door opening to: Entrance hall Entry phone , storage cupboard, airing cupboard housing hot water tank, night storage heater , doors opening to: Living/dining room Double glazed window to rear, night storage heater , opening to: Kitchen Double glazed window to side, fitted with a range of wall and base units with work surfaces over, single drainer stainless steel sink unit with cupboard below, partially tiled walls, electric cooker point, space for refrigerator, plumbing for washing machine.
Bedroom Double glazed window to rear, built in mirror fronted wardrobes, electric wall mounted heater .
Bathroom Suite comprising panelled bath with Triton shower over, wash hand basin with cupboard below, low level w.c., partially tiled walls, heated towel rail .
Communal lounge With a kitchen attached. Communal laundry room With washing machines and tumble driers.
Communal gardens Established gardens with seating areas, lawned areas with a variety of shrubs and borders. There is a residents car park. Tenure: Leasehold.
The balance of a 150 year lease dating from November 2016. Ground rent payable £550 per annum.
Service charge: There is a monthly service charge of approximately £225 per month, towards the upkeep of the development.
It covers external maintenance of the building, ground maintenance, heating and light to all communal areas, maintaining the laundry room, the salary of the caretaker and buildings insurance.
Services: Mains electricity, water supply and drainage.
Local authority: Winchester District Council council tax band: B Agents Note We have not inspected or tested any of the service installations, equipment or appliances.
It is recommended that any purchasers arrange for suitable inspections and tests by qualified engineers prior to entering into any contract.
All measurements contained herein are to be considered approximate only. Viewing strictly by appointment with vendor’s sole agent Byrne Runciman of Wickham.
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.
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FAQ
About 16 Southbrook Mews, Bishop's Waltham
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