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Andover Road, Ludgershall, ANDOVER

South West

£270,000

Listed on 01/06/2026

Property Details

Bedrooms
4
Type
Block Of Apartments

Description

This freehold building presents a unique opportunity for investors and developers, consisting of a ground floor commercial unit with full vacant possession alongside four self-contained residential flats currently generating rental income through Assured Shorthold Tenancies (ASTs). The combination of a commercial space and multiple rentals offers versatility for potential modifications or expansions. The commercial unit could be converted into additional residential accommodation, subject to the necessary planning permissions, which may significantly increase rental yield. With existing tenants in place for the flats, it provides immediate cash flow while plans are developed. Located conveniently near public transport and local amenities in Ludgershall and Andover town centre, this property combines investment potential with desirable accessibility.

Investment Analysis

(SP11 area)
Area Average
£352/sq ft
Avg Rent (weekly)
£355
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SP11)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +0.3%
5 year growth: +14.3%
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

Andover Road, Ludgershall, ANDOVER
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,020
Based on a loan of £202,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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