Summary - BUTSER COURT FLAT 1 LONDON ROAD HORNDEAN WATERLOOVILLE PO8 0RD
3 bed 1 bath Flat
Income-producing flat with long-term tenant and communal gardens.
3 bedrooms in a compact 484 sq ft flat
Long-term tenant in situ, stable rental income £10,200 pa
Approximate gross yield c.10.7% at the asking price
Communal front and rear garden; low maintenance grounds
Leasehold tenure — review lease length and service charges
Small overall size; better for rental than large-family use
Buyers Premium applies on purchase — factor into costs
No internal photos or floorplan provided; inspect advised
This three-bedroom leasehold flat on London Road, Waterlooville, is offered as a clear buy-to-let opportunity with a long-term tenant in situ. The property currently produces a gross annual income of £10,200, providing an approximate gross yield of 10.7% at the asking price of £95,000. Communal front and rear gardens add outdoor amenity while maintenance appears managed at block level.
The flat is compact (approximately 484 sq ft) and suited to investors or developers seeking an income-producing asset rather than a large family home. The current tenancy has been stable for several years and the occupants intend to remain, which secures immediate rental return but means vacant possession is not guaranteed on purchase.
Known constraints include leasehold tenure, the property’s small overall size and limited imagery/floorplan availability — an on-site inspection and review of the Let Property Pack are recommended to confirm internal condition, layout and any service charges or lease terms. A Buyers Premium will apply to secure the sale; prospective purchasers should factor this into their purchase costs.
This listing suits buyers prioritising yield and steady rental income. For investors building a portfolio, the combination of low local crime, fast broadband and nearby schools and amenities supports lettability in this comfortable suburban location.
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