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Greensey, Ragged Appleshaw, Andover

South West

£144,000
Listed on 07/01/2026

Property Details

Bedrooms
2
Type
Flat
Area
681 sqft

Description

This generously sized first-floor flat in the charming village of Ragged Appleshaw presents a promising blank canvas for those interested in renovation and personal design. The property features its own private garden accessible from both the side and rear, along with off-road parking at the front. Currently equipped with electric storage heating, this flat offers an exciting opportunity for modernisation, allowing future owners to infuse their own style into the space. A new 125-year lease will be granted upon completion, making it suitable for first-time buyers or investors looking for their next project. Located in a peaceful yet convenient setting, this property is ready for quick exchange with no onward chain, enhancing its appeal as a solid investment in a sought-after Hampshire area. With nearby amenities and good transport links to larger towns, this flat is ideally positioned for comfortable living while also offering significant potential for enhancement and improvement.

Investment Analysis

(SP11 area)

Below Market Value

This property is priced -39.9% below area average per sq ft

-39.9%
Potential saving
This Property
£211/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£325
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£263,458
10% above area average per sq ft
Potential ROI
+51.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (SP11)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +4.4%
5 year growth: +17.2%
Investment Disclaimer: Analysis based on SP11 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

Greensey, Ragged Appleshaw, Andover
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£519
Based on a loan of £108,000 over 30 years at 4.06% 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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