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See how verdicts work3-bedroom flat · SO41 9ET
Sold STCListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented second floor apartment in this extremely well maintained and sought after small development.
The apartment offers three bedrooms, light and airy sitting room with balcony, recently refitted kitchen, single garage and is situated within a short walk of the high street and town centre.
THE ACCOMMODATION COMPRISES: (All measurements are approximate) Communal Entrance Door Video intercom to apartment, stairs and lift to Second Floor Front Door to Hall Two radiators, double storage cupboard, part glazed double doors to Sitting Room 16’6 x 14’10 A light and airy room with fireplace, two radiators, double glazed door to Balcony.
Kitchen 11’2 x 10’2 Recently refitted with a range of floor standing and wall mounted cupboards and drawers with fitted breakfast table, four ring induction hob with extractor canopy over, twin sink with dishwasher below, double oven, space for fridge freezer, radiator and tiled floor, cupboard housing gas fired boiler.
Bedroom One 16’8 x 12’9 A comprehensive range of built in furniture with one double, one single wardrobe cupboard and drawers, radiator and door to En-Suite Shower Room Shower cubicle with mains shower, vanity basin with cupboards below, wc, radiator and towel rail, tiled walls, tiled floor.
Bedroom Two 12’1 x 11’3 Radiator (currently used as a separate Dining Room) Bedroom Three/Study 12’3 x 8’ A fitted desk unit with shelving over, Velux window, radiator.
Bathroom Comprising bath with shower attachment, vanity basin with cupboards below, wc, radiator, tiled walls and floor.
Outside Well maintained grounds with Parking Area and Garage Single garage with electric up and over door, power.
Council Tax – D EPC Rating – C Lease – 125 Years from 2006 Ground Rent - £325 per annum Management Fee - £1500 approximately per half year
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.
Area
Agent & docs
FAQ
About Cavendish Place, Lymington, Hampshire, SO41
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