2-bedroom flat · GU14 8RG
Listing removedListed 104 days
Opportunity summary
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About
A first floor maisonette offered for sale with no onward chain benefitting from a renewed lease on completion of 999 years and an equal share of the freehold.
Accommodation comprises living room, open plan dining room, kitchen, two double bedrooms, bathroom.
Features include upvc double glazing, gas central heating, generous loft space and private rear garden with brick built storage outhouse. EER 'tbc'.
Entrance Lobby Side aspect hardwood door with opaque glazed inset, tiled floor, stairs up to open plan dining room.
Open Plan Dining Room 6.20m x 2.01m (20' 4" x 6' 7") Front aspect upvc double glazed window, squared archway to living room, doors to bedrooms, kitchen and bathroom, radiator, cloaks cupboard housing electric meter and consumer unit, engineered wood flooring, smooth finish ceiling with inset downlighters and hatch giving access to part boarded loft space with ladder and light Living Room 4.42m x 3.38m (14' 6" x 11' 1") max.
Front aspect upvc double glazed bay window, radiator, fireplace recess with floating mantel and polished stone hearth, engineered wood flooring, smooth finish ceiling.
Kitchen 2.97m x 2.87m (9' 9" x 9' 5") Side and rear aspect upvc double glazed windows, matching range of eye and base level units with granite effect roll edge work surfaces and inset stainless steel sink unit with mixer tap.
Under counter washing machine and dishwasher, gas cooker below extractor, space for upright fridge/freezer.
Wall mounted replacement 'Worcester' gas central heating combination boiler, tiled splashbacks, tiled floor, radiator, smooth finish ceiling.
Bedroom One 3.94m x 3.29m (12' 11" x 10' 10") Rear aspect upvc double glazed window, built in shelved storage cupboard, triple wardrobe offering extensive storage over hanging rail, shelf and drawers, radiator, engineered wood flooring, smooth finish ceiling.
Bedroom Two 3.93m x 2.88m (12' 11" x 9' 5") Front aspect upvc double glazed window, built in wardrobe, radiator, engineered wood flooring, smooth finish ceiling.
Bathroom Rear aspect upvc opaque double glazed window, three piece suite comprising low level wc, floating vanity unit inset wash basin with drawers below, panel enclosed bath with mixer tap with shower attachment and cradle and thermostatic shower over bath.
Tiled floor, tiled walls, heated chrome towel rail, smooth finish ceiling with inset downlighters.
Outiside Brick built store with adjacent water tap, path to side leading to mainly laid to lawn rear garden enclosed by a combination of panel and wire fencing and natural borders, hardstanding area for bistro table and chairs, brick built outhouse.
Agents Note Whilst these particulars have been prepared in good faith you should be advised that they in no way form any part of a contract be it verbal or written.
Billingham Martin have not tested any appliances or services. All the information included is purely for guidance purposes only. Floor plans are not drawn to scale.
Billingham Martin may receive fees from third parties whose services they recommend.
The seller has advised us the property is being sold with a new lease of 999 years on completion and an equal (50%) share of the freehold, there are no ground rent or maintenance charges except for the buildings insurance policy which is shared with the maisonette below, the current cost of this is approximately £300 P/A for each property.
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
Agent & docs
FAQ
About 83, Birchett Road, FARNBOROUGH
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