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Silkweavers Road, Andover

South West

£80,000
Listed on 23/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
353 sqft

Description

This one-bedroom flat presents a substantial opportunity for those interested in renovation and investment. Situated within a purpose-built block, the property features an open-plan kitchen and living area that benefits from ample natural light due to dual-aspect windows. This space offers significant potential for modernization, allowing for the creation of a contemporary environment tailored to personal preferences. The bedroom is appropriately sized and includes a window facing the front, while the bathroom features essential amenities such as a panelled bath with shower attachment, wash basin, and WC. Although full refurbishment is required throughout the property, it serves as a blank canvas ideal for buyers looking to craft either a stylish home or an investment property. Located in a well-kept residential area, the building has access to communal lawns and nearby on-street parking, providing added convenience. The surrounding location boasts a variety of shopping and leisure options, including theaters, cinemas, and recreational centers. Education facilities are well-represented with several schools and a college in close proximity. The town exudes a charming market town atmosphere, with natural spaces and local nature reserves within walking distance of the centre. Commuters will appreciate the mainline train station offering quick connections to London Waterloo in just over an hour, while access to major routes like the A303 facilitates travel towards London via the M3 or towards the West Country. This property is not only an appealing prospect for those looking to invest but also offers immense potential due to its location and layout.

Investment Analysis

(SP10 area)

Below Market Value

This property is priced -29.6% below area average per sq ft

-29.6%
Potential saving
This Property
£227/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£280
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£124,994
10% above area average per sq ft
Potential ROI
+4.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (SP10)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 1.3%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on SP10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Silkweavers Road, Andover
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE