1-bedroom flat
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description No forward chain is offered with this one double bedroom retirement flat in Horndean boasting a pleasant front outlook which can be accessed without the use of stairs or lift, Accommodation boasting modern refitted bathroom, communal residents lounge, house manager and guest suite (chargeable).
Council Tax Band: B Tenure: Leasehold Communal Entrance Via security intercom, lift or stairs to the first floor. Personal Entrance Timber glazed front door leading into the entrance hall.
Entrance Hall Wall mounted security intercom with emergency alarm pull cord, wall mounted electric heater, spacious storage / airing cupboard with shelving and hot water tank, coved and textured ceiling with access into the loft space.
Lounge / Dining Room (14.34' x 11.10') Double glazed window to front aspect, wall mounted electric heater, emergency alarm pull cord, coved and textured ceiling, archway to kitchen.
Kitchen (8.07' x 7.72') Matching range of wall and base units complemented with work surfaces over incorporating stainless steel sink unit with drainer, electric hob with extractor canopy over, eye level electric oven, space and plumbing for washing machine, space for fridge / freezer, tiled splashback, coved and textured ceiling.
Bedroom One (14.32' x 9.12') (Maximum measurements including depth of fitted wardrobe cupboard.
Double glazed window to front aspect, wall mounted electric heater, fitted wardrobe cupboard, coved and textured ceiling, emergency alarm pull cord.
Refitted Bathroom (7.20' x 5.74') Modern bathroom suite comprising panelled bath with wall mounted shower, wash hand basin and close coupled low level wc set in vanity unit, wall mounted chromium ladder style heated towel rail, tiled to principal areas, coved and textured ceiling with extractor fan, wall mounted emergency alarm pull cord.
Additional Information Facilities on site include residents parking, residents garden, residents lounge, lifts, laundry room, guest suite (chargeable), there is also a house manager on site at specified times.
Minimum age 60 years.
Service Charges £814.04 Per Quarter Ground Rent Charges £175.00 Per Annum Length of lease 99 Years from 1988 The above lease details and charges are believed to be correct but these should be confirmed prior to purchase.
The property can be accessed via the main communal entrance, with stairs and lift access to the first floor, or alternatively via a convenient side entrance providing direct, step-free access to the same level as the retirement flat and communal residents lounge.
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 Flat 15, Rosecott, Horndean
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