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See how verdicts work2-bedroom property · SO50 6HE
Listing removedListed 312 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on the first floor of the main building-reached by lift or stairs-50 Garnier Drive offers a practical, open-plan layout with the bonus of two private balconies, both enjoying a tranquil outlook across the Copper Beech tree at the rear.
A generous reception hall offers space for furniture as well as a built-in storage cupboard-ideal for coats or the Hoover.
Wood-effect flooring flows through the apartment (with the exception of bedroom two, where a new carpet is scheduled for January), adding a warm and practical finish.
The living/dining space is easy to furnish, with room for a table and chairs.
An electric fire provides a stylish focal point, and double doors open to the first balcony for morning coffee or an evening wind-down.
The kitchen is neatly integrated with washer/dryer, microwave, electric oven, fridge/freezer and halogen hob, and upgraded by a Quooker hot-water tap delivering instant 100°C water-freeing up worktop space and making tea-making, cooking and prep a breeze.
The primary bedroom is a notably large double, fitted with a four-door wardrobe and served by an exceptionally spacious en-suite bathroom, where feature tiling and a fitted dressing table add a boutique feel.
The second bedroom has built-in wardrobes and access to the second balcony-perfect for guests or hobbies. Off the hallway, you'll find a separate shower room, ideal for visitors.
The apartment has underfloor heating that is individually controlled in each room.
Exclusively for those aged 65 and over, Bishopstoke Park offers a sociable village lifestyle with first-class amenities on the doorstep: restaurant and bar, wellness centre with pool, sauna, steam room and gym, hair salon, village shop, library and beautifully landscaped grounds with woodland walks.
Flexible care and housekeeping packages are available should your needs change over time.
Further Information There is an age restriction at this development, at least one of the residents must be over 65 years of age. Lease: 125 years from 1st Jan 2015 (approx.
115 years remaining) We are advised that the annual ground rent is £500.00 (doubling on each successive 25 years of the term).
The service charge is £690.44 per month for the financial year 01/04/25- 31/03/26. Anchor selects utilities centrally for the benefit of all residents.
Residents receive a monthly statement showing their metered consumption for water, heating and electricity and are payable by monthly direct debit.
There is a deferred sinking fund contribution upon sale of 4% of the sale price.
Bishopstoke Park is situated just 3 miles from Southampton Airport, and while this provides convenient access to travel, residents may occasionally notice some background aircraft noise.
Un-allocated residents' parking is available.
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.
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About 50 Garnier Drive, Bishopstoke Park Retirement Village
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