2-bedroom flat · PO10 7EW
Listing removedReduced £15k (−4.4%) on 23 MayListed 213 days
Opportunity summary
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About
A beautifully presented TWO DOUBLE BEDROOM APARTMENT in the highly sought-after retirement Mulberry Lodge retirement development in Emsworth, just a short walk from the bus stops, train station and town centre amenities.
Mulberry Lodge is an executive, age-restricted development designed for the over 60s, offering partial warden assistance, excellent security features, and immaculately maintained communal areas and gardens.
The development is accessed via a well-kept communal hallway with lift access. Upon entering the apartment, there is an immediate sense of light, space, and comfort.
The generously sized living / dining room provides ample space for both seating and dining, with pleasant dual outlooks over the established grounds.
The modern kitchen is well planned and finished to a high standard, offering good cupboard and worktop space along with integrated appliances including a fridge/freezer, integrated microwave and eye-level oven.
The accommodation includes spacious double bedrooms with built-in wardrobes, offering excellent storage, and a well-appointed shower room featuring a double shower cubicle, vanity unit, heated towel rail, and partial tiling.
A large storage cupboard is located off the entrance hallway, ideal for household essentials. Mulberry Lodge has been thoughtfully designed with safety and peace of mind at its core.
Each apartment benefits from a 24-hour Careline emergency alarm system, integrated intruder alarm, secure video entry system, and comprehensive fire and smoke detection throughout both private and communal areas.
A laundry room with free-to-use washing machines and tumble dryers is available for residents.
The Owners’ Lounge is a welcoming communal space where regular social events are hosted, including coffee mornings, seasonal celebrations, fish and chip evenings, movie nights and Christmas dinners.
The beautifully maintained communal gardens provide a tranquil environment for walking, relaxing, and enjoying the surroundings.
Distances (approx.): Bus stop – 50 yards Town centre, shops, GP, post office – 0.5 miles Social centre – 0.75 miles The development welcomes well-behaved pets (subject to prior permission) and requires at least one owner to be aged 60 or over, with any second owner aged 55 or over.
Ideally positioned close to the heart of Emsworth, an attractive harbour town known for its narrow streets, independent shops, cafés, and restaurants.
Situated on the edge of Chichester Harbour and within easy reach of the South Downs, the area offers outstanding walking opportunities, including the Emsworth Oyster Trail, Brook Meadow, and scenic millpond routes rich in wildlife.
Tenure & Charges Lease: Remainder of a 125-year lease from 2010 Service Charge to May 2026 is £4966.29 (annual total). Ground Rent £956.64 per annum (£478.32 payable twice annually).
Next review 01/01/2031.
The ground rent and service charge include water and sewerage, buildings insurance, window cleaning, upkeep of communal grounds, lift maintenance, laundry facilities, residents’ lounge, on-site manager, and use of the Guest Suite for visiting friends and family.
Owners also benefit from access to Guest Suites at any Churchill development nationwide.
Ideally positioned close to the heart of Emsworth, an attractive harbour town known for its narrow streets, independent shops, cafés, and restaurants.
Situated on the edge of Chichester Harbour and within easy reach of the South Downs, the area offers outstanding walking opportunities, including the Emsworth Oyster Trail, Brook Meadow, and scenic millpond routes rich in wildlife.
Agent Notes: Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £96 inc.
VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.
Value & comps
No previous sales on record.
Returns
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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.
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Area
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FAQ
About New Brighton Road, Emsworth, Hampshire
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