1-bedroom flat · PO11 0BA
Sold STCReduced £10k (−9.1%) on 4 JulListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** offered to market with no onward chain *** Morris Dibben are delighted to offer to the market, this well presented one bedroom retirement apartment for ages of over 50.
With over 480 square feet of accommodation and benefitting from ample storage in the eaves, loft space and storage room, pretty views over communal gardens, a double bedroom and a fitted kitchen, the property is situated on the first floor level and accessed by stairs or stair lift with its own private entrance.
'The Gorseway' retirement community is situated on Sea Front Road in West Hayling and perfectly located to enjoy everything Hayling Island has to offer.
In good condition throughout, the property comprises; Entrance Hall, a lounge/diner, a fitted kitchen, a double bedroom and bathroom.
Externally, there are mature communal gardens with fountain and pond and there is off road residents and visitor parking.
We highly recommend an internal viewing to appreciate what this retirement apartment has to offer.
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
Agent & docs
FAQ
About Flat 30, 354, Sea Front, Hampshire
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