1-bedroom flat · SO50 5NP
Sold STCListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stanford Estate Agents are delighted to be offering this ideally and conveniently situated, one bedroom, ground floor apartment with allocated, off-road parking.
Benefitting from a new lease, walking distance to town centre amenities and a high specification and modern finish throughout. Accommodation starts with a secure entrance to just the three apartments.
Once into the apartment it opens into the substantial sized, lounge/diner offering fantastic, open-plan living space.
Benefitting from ample natural light, high ceilings and a modern, neutrally decorated finish throughout.
The kitchen area is the heart of the home with a quartz centre island unit, ample storage cupboards and integrated appliances to include a fridge/freezer, dishwasher and washing machine.
The bedroom is located to the back and is a comfortable, double room with space for freestanding furniture. A three-piece shower room is within comprising of wash hand basin, WC and walk in shower.
The shower suite benefits from a heated chrome towel rail and power shower.
Externally the property is conveniently situated within walking distance to the town centre and its array of amenities and Eastleigh's mainline train station offering fast, direct access to both Winchester & London.
An allocated parking space is given to the property on a paved, private and small car park for just the four properties within the building.
This particular property has the huge advantage of recently undergone a new lease which now ensures the property has a ground rent, service charge and lease length mortgage providers and buyers will be delighted with, further future proofing the apartment.
Lease Information: Lease length: 125 Years Lease Remaining: 115 Years Service Charge: £130 Per Month Ground Rent: £147.50 Per Anum Further Information: Rental Potential: £995pcm Local Council: Eastleigh Borough Council Council Tax Band: A - £1491.45 - 25/26 EPC Rating: 71 - C Windows: Double Glazed Heating: Gas Heating Parking: Allocated Parking Space Utilities: Mains Broadband: See Ofcom Website Phone Signal: See signalchecker.co.uk Sellers Position: Vendor To Find Viewing: By Appointment Only Local Information: Eastleigh is a thriving town in Hampshire, located between Southampton & Winchester.
The town lies on the river Itchen, originally a village till early 19th century when it was developed to a railway town.
Those railway town roots are still firmly imprinted with two mainline train stations providing trains to Winchester in 20 minutes and London Waterloo in an hour.
Those looking for commuter links that are not rail are truly spoilt too with junctions to the M27 & M3 Either end of the town, and how could we forget Southampton Airport minutes away for some domestic and European trips.
Eastleigh is a commuters dream! The town itself has an array of amenities including several supermarkets as well as several boutique and independent shops.
Residential homes come in all shapes, sizes and age from 1800s thatched cottages to 1900 Victorian terraces to modern, well thought out developments there is a home in Eastleigh for everyone.
Places leisure and Lakeside Country Park are favoured by locals for their greenery, open spaces and walks with the latter having a small passenger steam train paying further homage to the roots that the town was founded.
Offer Check Procedure: Please note any offer needs to be verified for legal anti-money laundering regulations and any prospective buyer will need to produce identification documents.
Properties will not be removed from the market until anti money laundering and financial qualification checks have been satisfied.
Prospective buyers are reminded that the details including any measurements indicated are for guidance only and they should seek their own measurements before committing to any expense.
We thank you in advance for your co-operation.
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 Desborough Road, Eastleigh, SO50
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