2 Bed Terraced House, Single Let, Eastleigh, SO53 2RD, £179,950

Winchester Road, Chandlers Ford, Eastleigh, Hampshire, SO53 2RD - 1 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£160K - £1.4M
Sold Prices/m²£2.1K/m² - £7.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£217,740
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,988

Stamp Duty & Legal Fees

£6,599

Total Cash In

£51,586

 

 

Cash Out

 

Rent Range

£850 - £1,550

Rent Estimate

£1,006

Running Costs/mo

£784

Cashflow/mo

£222

Cashflow/yr

£2,669

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £160K to £1.4M, average is £301.2K. £2.1K/m² to £7.2K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£315K12/200.19 mi46, Brownhill Road, Chandler's Ford, Eastleigh, Hampshire SO53 2EE2
£370K08/230.22 mi20, Heathcote Road, Chandler's Ford, Eastleigh, Hampshire SO53 2HF2
£280K03/210.22 mi7, Heathcote Road, Chandler's Ford, Eastleigh, Hampshire SO53 2HF2
£466K06/210.22 mi13, Hadrians Close, Chandler's Ford, Eastleigh, Hampshire SO53 2AS2
£375K05/230.22 mi25, Hillcrest Avenue, Chandler's Ford, Eastleigh, Hampshire SO53 2HP2
£405K01/210.23 mi20, Sarum Road, Chandler's Ford, Eastleigh, Hampshire SO53 2AN2
£362K05/230.24 mi9, Beechcroft Way, Chandler's Ford, Eastleigh, Hampshire SO53 2HR2
£550K06/230.28 mi45, Brownhill Road, Chandler's Ford, Eastleigh, Hampshire SO53 2EF2
£282.5K02/210.3 mi1, Beechcroft Close, Chandler's Ford, Eastleigh, Hampshire SO53 2HU2
£420K03/230.32 mi9, Verona Road, Chandler's Ford, Eastleigh, Hampshire SO53 2DA2
£322.5K09/230.35 mi43, Mead Road, Chandler's Ford, Eastleigh, Hampshire SO53 2FB2
£280K11/220.36 mi7, Meadbrook Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2QE2
£417.5K08/210.37 mi31, Verona Road, Chandler's Ford, Eastleigh, Hampshire SO53 2AF2
£360K01/210.4 mi62, Corinthian Road, Chandler's Ford, Eastleigh, Hampshire SO53 2AZ2
£365K03/230.42 mi21, Merrieleas Close, Chandler's Ford, Eastleigh, Hampshire SO53 2FP2
£435K10/230.43 mi57, Corinthian Road, Chandler's Ford, Eastleigh, Hampshire SO53 2AY2
£365K11/200.47 mi19, Scantabout Avenue, Chandler's Ford, Eastleigh, Hampshire SO53 2BH2
£248K10/210.49 mi22, Bournemouth Road, Chandler's Ford, Eastleigh, Hampshire SO53 3DB2
£340K03/210.59 mi31, Trevose Crescent, Chandler's Ford, Eastleigh, Hampshire SO53 3DZ2
£240K12/210.6 mi42, Monmouth Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SY2
£304.9K07/210.6 mi13, Monmouth Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SY2
£290K07/230.6 mi50, Monmouth Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SY2
£268K11/200.6 mi29, Monmouth Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SY2
£246K05/210.6 mi48, Monmouth Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SY2
£350K06/230.6 mi13, Monmouth Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SY2
£250K11/210.63 mi72, Monmouth Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SZ2
£273K08/230.63 mi68, Monmouth Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SZ2
£297.5K03/210.63 mi3, Northdene Road, Chandler's Ford, Eastleigh, Hampshire SO53 3DW2
£391.4K06/210.65 mi47, Common Road, Chandler's Ford, Eastleigh, Hampshire SO53 1HG2
£250K06/230.66 mi16, Launceston Drive, Eastleigh, Hampshire SO50 4SG2
£445K05/230.69 mi61, Common Road, Chandler's Ford, Eastleigh, Hampshire SO53 1HE2
£355K05/230.69 mi17, Southdene Road, Chandler's Ford, Eastleigh, Hampshire SO53 3DU2
£322.5K12/200.69 mi14, Southdene Road, Chandler's Ford, Eastleigh, Hampshire SO53 3DU2
£350K02/210.7 mi8, Trevose Close, Chandler's Ford, Eastleigh, Hampshire SO53 3EB2
£160K12/200.7 mi26, Rusland Close, Chandler's Ford, Eastleigh, Hampshire SO53 1SD2
£242K03/210.71 mi90, Bournemouth Road, Chandler's Ford, Eastleigh, Hampshire SO53 3DL2
£242K03/210.71 mi90, Bournemouth Road, Chandler's Ford, Eastleigh, Hampshire SO53 3DL2
£348K01/210.72 mi13, Pennine Way, Chandler's Ford, Eastleigh, Hampshire SO53 3BB2
£1.4M01/230.72 mi92, Hiltingbury Road, Chandler's Ford, Eastleigh, Hampshire SO53 5NZ2
£270K09/210.73 mi32, Coach Hill Close, Chandler's Ford, Eastleigh, Hampshire SO53 1UA2
£290K02/230.73 mi1, Coach Hill Close, Chandler's Ford, Eastleigh, Hampshire SO53 1UA2
£220K01/230.74 mi30, Wellbrooke Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 1TN2
£265K03/210.75 mi2, Hiltingbury Close, Chandler's Ford, Eastleigh, Hampshire SO53 5NY2
£375K11/200.75 mi4, Hiltingbury Close, Chandler's Ford, Eastleigh, Hampshire SO53 5NY2
£275K11/200.75 mi11, Hiltingbury Close, Chandler's Ford, Eastleigh, Hampshire SO53 5NY2
£259K05/230.76 mi23, Windsor Gate, Eastleigh, Hampshire SO50 4PU2
£232.5K04/210.78 mi41, Harewood Close, Eastleigh, Hampshire SO50 4NZ2
£238K08/210.78 mi55, Harewood Close, Eastleigh, Hampshire SO50 4NZ2
£208.4K06/230.78 mi17, Harewood Close, Boyatt Wood, Eastleigh, Hampshire SO50 4NZ2
£257.5K02/230.78 mi24, Harewood Close, Boyatt Wood, Eastleigh, Hampshire SO50 4NZ2

Local Rents

23 rents from £850/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,35012/240.08 mi-2
£1,30002/250.12 mi-2
£1,15009/240.15 miChandlers Ford2
£1,55009/240.17 miClausentum Close, Peverells Wood, Chandlers Ford2
£1,35008/230.22 mi-2
£1,17504/250.34 mi-2
£1,25001/240.38 mi-2
£1,25001/240.38 mi-2
£1,00008/240.39 mi-2
£85003/250.4 mi-2
£85002/240.4 mi-2
£85003/250.4 mi-2
£1,15009/240.4 miCentral Precinct, Winchester Road, Chandler'S Ford, Eastleigh, SO532
£95009/240.42 miThe Central Precinct, Winchester Road, Chandler's Ford, Eastleigh, SO532
£1,30009/240.46 miHursley Road, Chandlers Ford, Eastleigh, Hampshire, SO532
£1,05009/240.46 miSutherlands Way, South Millers Dale, Chandler's Ford,2
£1,20010/240.48 mi-2
£1,15009/240.5 miProspect Place, Eastleigh, Hampshire, SO532
£1,50009/240.54 miValley Road2
£1,20011/230.59 mi-2
£1,20011/230.59 mi-2
£1,05010/240.6 mi-2
£1,15002/240.62 miHut Farm Place, Eastleigh, Hampshire, SO532

Local Area Statistics

Population in SO53

32,409

Population in Eastleigh

78,741

Town centre distance

1.43 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £179,950

January 16, 2025

Floor Plans

Description

  • Convenient Location within Walking Distance of all Amenities +
  • Entrance Hall +
  • Lounge/Dining Room +
  • Modern Kitchen +
  • Two Bedrooms +
  • Modern Shower Room +
  • Gas Central Heating & Double Glazing +
  • Security Entrance System, Stairs and Lift +
  • Communal Gardens & Parking +
  • NO FORWARD CHAIN +

Situated in a most convenient location within a short walk of local shops, bus routes,
doctors and dentists, this well presented purpose built top floor apartment offers well planned living accommodation for people over the age of 60. Benefiting from double glazing, lift access and gas central heating. The block has well cared for communal areas and provides a sense of security and community. Having a spacious lounge along with a modern kitchen, two bedrooms and a modern bathroom, we would strongly advise an internal viewing to appreciate the size and planning of the accommodation on offer. Located at the rear of the block the apartment overlooks light woodland, the communal grounds and terrace. Realistically priced, early viewings are advised to avoid disappointment.

SECURITY ENTRANCE SYSTEM * COMMUNAL HALL WITH STAIRS & LIFT

PERSONAL ENTRANCE HALL * LOUNGE/DINING ROOM * KITCHEN

TWO BEDROOMS * MODERN BATHROOM

GAS CENTRAL HEATING * DOUBLE GLAZING * JULIET BALCONY

COMMUNAL GARDENS & PARKING FACILITIES

COMMUNAL ENTRANCE: Security controlled entrance door to hallway, with stairs and lift to all floors.

PERSONAL ENTRANCE HALL: Built-in storage/airing cupboard, with slatted shelving, housing a Worcester-Bosch combination boiler for central heating and hot water purposes, single radiator, smoke alarm and panel style doors to bedrooms, bathroom and lounge/dining room.

LOUNGE/DINING ROOM: 15'5 x 10'2 plus entrance area (4.69 x 3.11) Single radiator, telephone point, t.v aerial point, rear elevation window overlooking the communal areas and light woodland, coving to ceiling, Linecall Intercom for use with a lifeline system, archway to kitchen.

KITCHEN: 12'4 x 5'10 (3.76 x 1.78) Refitted with a range of contemporary style units to include a one and half bowl single drainer stainless steel sink unit with mono-bloc mixer taps, inset in mottled working surfaces with cupboard and drawer units under and wall mounted cupboards over complimentary ceramic tiled splash backs, with under cabinet lighting. There are spaces for a washing machine and three further base level domestic appliances, a tall storage/larder cupboard, built-in AEG four ring induction hob with integrated extractor fan over and matching oven unit under, tile effect vinyl flooring.

BEDROOM 1: 13'7 x 10'0 (4.13 x 3.05) With sliding patio doors to a Juliet style balcony overlooking the outside communal areas and light woodland, double radiator, t.v aerial lead and telephone point.

BEDROOM 2: 11'2 plus door recess x 7'3 (3.41 x 2.20) With single radiator and rear elevation window overlooking the outside communal areas and light woodland.

BATHROOM: Refitted with a matching white contemporary style suite with complementary tiling to the walls and floor. To include a shower cubicle with Mira mixer shower unit, glass screen and door and fold down seat. A semi-recessed wash hand basin with mixer taps and a w.c with hidden cistern are inset in a vanity shelf area with white high gloss cupboards under and a mirror door medicine cabinet over. There is also an extractor fan and chrome heated towel rail/radiator.

OUTSIDE: To the rear of the block there is a communal car park and bin store, lightly wooded
area with walkways and further areas laid to lawn, incorporating footpaths and a spacious terrace with mature flower and shrub beds. There are gates to the side of the site providing access to walkways leading to local shops including Waitrose, The CO-OP, bus stops and other local facilities. The Dovetail Centre is to the front of the block, providing a great place to meet other residents and the local community for coffee and arranged events.

COUNCIL TAX BAND: C (currently £1839.13) Eastleigh Borough Council

LEASE: Details relating to the length of lease, ground rent and services charges can be made available upon request.

SERVICES -

Water Supply: Mains

Gas Supply: Mains

Electricity Supply: Mains

Drainage: Mains

Heating: Gas Central Heating (Boiler: Worcester-Bosh Combination)

Broadband: Ask Agent

ADDITIONAL INFORMATION -

Approximate Age: Circa 1990

Materials Used in Construction: Ask Agent

Sellers Position: No Forward Chain

Windows: Double Glazed

Loft Space: Ask Agent

Infant/Junior School: N/A

Secondary School: N/A

These details were taken by Keith Sansom from whom any further information required can be obtained.

AGENTS NOTE: Services, fittings and equipment referred to within these particulars have not been tested (unless otherwise stated) and no warranties can be given. Accordingly the Buyer(s) must make their own enquiries regarding such matters.

ALEXANDER KEEN DISCLAIMER:
These particulars are produced in good faith for information only and general description and are not to be relied upon as a statement for representation and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements herein. They do not form part of any contract. All properties are offered subject to contract and availability and on the understanding that all negotiations are conducted through Messrs Alexander Keen. No person in Alexander Keen's employment has authority to make or give any warranty or representation whatever in relation to the property.

MONEY LAUNDERING REGULATION:
Please note that due to money laundering regulations prospective purchasers will be required to provide evidence of identification, such as a full valid passport or new form of driving licence with photograph and recent official correspondence, such as a utility bill, with their address on. If the property is being bought in joint names then this applies to all parties. Whilst an offer can be made a sale cannot be instructed upon until this criteria has been satisfied.

Agent Details

Alexander Keen, Chandlers Ford

0238 214 8265

Next Steps?

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