1-bedroom house · SO51 7NY
Listing removedListed 100 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BILLS INCLUDED. Well presented, furnished one bedroom annexe located in the grounds of a bungalow in a popular residential area of Romsey, close to local shops, pub and bus routes.
The well presented interior briefly comprises; LOUNGE/KITCHEN: Open plan living area with three seater sofa and television.
Modern fitted kitchen eye and low level units with electric oven/hob, under counter washing machine, dishwasher and fridge. French doors to garden. Electric heater/air conditioner.
BEDROOM: Double bedroom with wood framed double bed and mirror. Electric heater/air conditioner. SHOWER ROOM: Modern white suite comprising WC, wash hand basin with vanity unit and shower cubicle.
The property further benefits from double glazing, private garden with storage shed, and parking for one car.
DEPOSIT: £1153.00 (TO BE REGISTERED WITH THE TDS) EPC: EXEMPT COUNCIL TAX: Test Valley Borough Council, Band: N/A WEEKLY PRICE: £230.77 BROADBAND: Current supplier; UNKNOWN.
Openreach and Virgin Media available in area speeds from 7 Mbps, faster speeds may be available.
Information obtained from OFCOM - It is recommended that the occupier checks with the service provider for connectivity.
TV AERIAL AVAILABLE MOBILE SIGNAL: Listed as limited or likely available by OFCOM UTILITIES: Mains supplied PETS CONSIDERED A holding deposit of one week's rent will be required to secure the property.
This fee is payable at the time of application for the tenancy and will be held for up to 15 calendar days whilst reference checks and preparation for the tenancy agreement are undertaken.
The holding deposit can be retained should the applicant fail the Right to Rent check, provide false or misleading information that would affect the Landlord's decision to grant the tenancy, the applicant withdraws from the tenancy, or the applicant fails to take all reasonable steps to enter into a tenancy agreement.
In Tenancy Penalty Fees apply, see website for details.
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
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Romsey School Road FURNISHED
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