1-bedroom flat · SP10 3EF
Listing removedListed 331 days
Opportunity summary
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About
Tenure: Leasehold Description Benefitting from an excellent location close to numerous local amenities as well as Andover's mainline railway station, which is less than half a mile away, this ground floor flat is an ideal opportunity to make that first step onto the property ladder.
The accommodation comprises an entrance hallway with access to a useful built-in storeroom, a generous, light and airy living/dining room with private access to a patio, a kitchen, a good-sized double bedroom and a bathroom.
Outside there are well-maintained communal gardens that wrap around the property along with communal parking options.
Location Andover offers a range of shopping, educational and recreational facilities, including a college of further education, a cinema, theatre and leisure centre.
The mainline railway station is less than half a mile away, and runs a direct route to London's Waterloo in just over an hour, whilst the nearby A303 offers good road access to both London and the West Country.
The property is located off Weyhill Road via Lynwood Drive, which is a quiet cul-de-sac just east of the junction of Weyhill Road and Millway Road.
The location benefits from a number of nearby local amenities including convenience stores, one of which has a post office, various fast food outlets, public houses, a supermarket, petrol stations, a country store and a renowned bakery and fish and chip shop.
Andover's hospital is just over half a mile away, as are dental and gp practices, plus Charlton village, which has further local amenities, including an extensive leisure park.
Andover's town centre is just under a mile from the property with other local amenities, including Rooksbury Mill Lakes Nature Reserve, and the outlying villages of Upper Clatford and Goodworth Clatford are also a short distance away.
The Test Valley lies just beyond the Clatfords', which includes nearby Stockbridge, which offers an abundance of independent specialist shops, tearooms, pubs and restaurants, many of which serve local produce.
Accommodation Communal lawned gardens surround the building with paths providing access to and from the communal parking area and to the communal entrance with access to all flats.
The flat itself can be accessed from the front door or its own private back door off the central communal garden.
Entrance hallway Door to a good-sized, walk-in storeroom housing the consumer unit and electric meter. Radiator. Doors to: Living/dining room Good-sized living dining room with a dual aspect.
External door and full-height glazing to the rear and to one side. The door provides access to a small patio area. Door to: Kitchen Window to the rear.
A range of eye and base level cupboards and drawers with worksurfaces over and tiled splashbacks.
Inset one and a half bowl ceramic sink and drainer, a freestanding electric cooker and a freestanding fridge/freezer. Wall-mounted gas boiler.
Double bedroom Good-sized double bedroom with a window to the rear. Radiator. Bathroom Enclosed bathroom with a panelled bath and mixer shower attachment over.
Close-coupled WC, pedestal hand wash basin and a radiator. Tenure Leasehold with 88 years remaining on the lease.
Ground Rent of £295 per annum and an Annual Management Fee of £1921 which is payable in monthly instalments of £137 and also includes an annual buildings insurance fee of £277.
Services Mains drainage, water, gas and electricity are connected. Gas central heating to radiators.
EPC Rating: C Disclaimer These particulars are intended only as a guide and do not constitute any part of an offer or contract.
All descriptions, dimensions, references to condition, necessary permissions for use and occupation, and other details are given in good faith but without responsibility.
Any intending purchaser should satisfy themselves by inspection or otherwise as to the correctness of each statement.
Austin Hawk has not tested any services, appliances or equipment and cannot guarantee they are in working order.
Measurements are approximate and should not be relied upon for carpets, furnishings or other purposes.
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 18 The Beeches Weyhill Road, Andover
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