2-bedroom flat · BH25 5JJ
Listing removedReduced £45k (−20%) on 6 OctListed 249 days
Opportunity summary
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About
A well-presented two-bedroom first-floor apartment, conveniently located just a short walk from New Milton train station and the High Street.
New Milton sits in a prime location with the New Forest to the north and Barton on Sea to the south with less than a 10 minute drive to the beach.
New Milton also benefits from a great railway station with direct lines to London.
There are acclaimed independent schools, including Durlston Court and Ballard School, both rated ‘excellent’, while state schools include New Milton Infants judged ‘outstanding’, New Milton Junior rated ‘good’, and Arnewood Secondary which is ‘good’ with ‘outstanding’ 16-19 study program.
The town centre has a strong selection of shops, among them butcher, bakery, M&S Food and a traditional quality department store.
Leisure facilities feature an arts centre with a programme of performances and workshops, health and sports centre with pool, recreation ground and skatepark.
Eating out experiences range from gastropubs to fine dining. To the rear of the property, there is a covered carport providing one allocated parking space for the apartment.
Additional Information: Tenure: Leasehold Lease Term: 125 years from 25 December 2003 Lease Term Remaining: 102 years Ground Rent: £1000 per annum Service Charge: £1700 per annum Council Tax Band: C Energy Performance Rating: C Current: 80 Potential: 81 Services: Mains gas, electric, water & drainage Heating: Gas central heating Flood Risk: Very low Broadband: The property does not currently have a broadband connection.
Mobile Signal/Coverage: No known issues, please check with your provider for further clarity.
Upon entering the building via the communal security entrance, a straight flight of stairs leads to the first floor where the apartment is situated.
The front door opens into a welcoming entrance hallway with space for coats and shoes, along with a useful storage cupboard.
A further door leads into the inner hallway, providing access to all principal rooms. The living room is a well-proportioned space, featuring a front-facing window that allows plenty of natural light.
From here, a door leads through to the kitchen, which is fitted with a range of wall-mounted and base units with wraparound worktops and a breakfast bar area.
Integrated appliances include an oven and hob with extractor, and the sink is positioned beneath a window overlooking the front of the property.
From the inner hallway, there is access to the main bedroom, a generous double room with a rear-facing window overlooking the parking area.
This bedroom benefits from an en-suite shower room comprising a shower cubicle, WC, and wash hand basin. Bedroom two is also a good-sized double, again with a window overlooking the rear.
The family bathroom includes a bath, WC, wash hand basin, and extractor fan. An additional storage cupboard is located in the hallway.
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.
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FAQ
About Duplock House, Fernhill Lane, New Milton
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