2-bedroom flat · PO17 5PX
Listing removedListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Approximate Internal Floor Area: 617.11 sq ft/ 57.33 sqm. Watersedge is a select modern apartment block which was built by Crayfern homes to a high standard.
It is situated on the banks of the river Meon and in the heart of the historic village of Wickham. Number 3 is a ground floor apartment with patio.
There is also a large attractive communal garden with the River Meon flowing through it. Viewing is very highly recommended.
Accommodation Front door opening to: Entrance hall Double glazed window to side, security entry phone , built in storage cupboard, cloaks cupboard, radiator, panelled doors opening to: Bedroom two Double glazed window to side, radiator.
Bathroom Double glazed window to side, suite comprising panelled bath, pedestal wash hand basin, low level W.C., half tiled walls, extractor , radiator.
Bedroom one Double glazed window to rear overlooking communal gardens, radiator, panelled door opening to: En-suite shower room Suite comprising tiled shower cubicle, wash hand basin with cupboard below, low level W.C., part tiled walls, extractor , ladder style radiator.
Kitchen Double glazed window to side, fitted with a range of wall and base units with work surfaces over, inset sink unit with cupboard below, part tiled walls, built in electric oven , gas cooker point with extractor over, space for fridge/ freezer, plumbing for washing machine and dishwasher, cupboard housing gas boiler servicing central heating and hot water system , radiator.
Lounge Double glazed window to side, double glazed patio doors to rear opening onto patio and communal gardens beyond, radiator.
Outside To the front of the apartments is a gravelled parking area and a block of carports to which there is an allocated space for number 3.
To the rear is a large attractive communal garden which has the river Meon flowing through. Tenure Leasehold. The property has the residue of 125 year lease dating from 1996.
The residents of Watersedge own the freehold. Maintenance The current maintenance charge is £235.55 per month. Services All main services. Local Authority: Winchester District Council.
Council Tax Band: D Agents Note We have not inspected or tested any of the service installations, equipment or appliances.
It is recommended that any purchasers arrange for suitable inspections and tests by qualified engineers prior to entering into any contract All measurements contained herein are to be considered approximate.
Viewing strictly by appointment with vendor’s sole agent byrne & co of Wickham.
Anti Money Laundering Buyers: If you have an offer accepted on a property through Byrne & Co, under the Anti-Money Laundering Regulations (2017) we are required by law to conduct Anti-Money Laundering Checks.
There is a charge of £30 + VAT for these checks per buyer.
Sellers: Upon receipt of instructions to act in the selling of your home, under the Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks.
There is a charge of £30 + VAT per owner.
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
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FAQ
About 3 Watersedge, Bridge Street, Wickham
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