2-bedroom flat · SO51 5AX
Listing removedListed 109 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available A beautifully presented ground floor two bedroom flat in a sought after secluded location a short distance from central Romsey, benefitting from all white goods, a detached garage in block, direct access to communal gardens and two double bedrooms.
Property Summary The communal entrance at ground level with security intercom leads into the inner hallway and front door to the flat.
Once inside, the spacious hallway leads to the kitchen, lounge, both bedrooms, shower room, two storage cupboards and a third cupboard.
The separate modern kitchen compromises of a range of matching wall and base units and drawers, worktop, integrated electric oven, integrated gas hob, free standing fridge freezer and washer dryer.
The lounge is very light and spacious and overlooks the green outside space in front of the block and a small private paved area which is accessible from the lounge and communal garden beyond.
Bedroom one is double in size and includes extensive fitted wardrobes and storage. Both bedrooms are at the rear of the property and have a nice outlook to the communal gardens.
The modern shower room comprises of a white suite including a double width shower cubicle, WC, hand wash basin and heated towel rail.
Outside there is on road parking very close to the property, and the property also benefits from a garage in a block adjacent to the flats.
This property is in an excellent order and is finished to a very good standard throughout. Council Tax Band B.
Council Tax Band: Holding Deposit: £276.00 Available Soon Council Tax Band B Unfurnished Garage In Block Well Presented Throughout Easy Access To Central Romsey Communal Gardens Modern Kitchen And Shower Room Ground Floor Sought After Quiet Location
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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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