5 bed house for sale London Street, Andover

5 beds 5 baths House

Freehold

Added on 16/09/2026

About this property

Town Centre Mixed-Use Investment | £63,040 p.a. Income | Approx.

Key features

Freehold mixed-use investment
Current gross rental income of approximately £63,040 per annum
Approximate gross yield of 7.0% based on the guide price
Ground floor commercial premises let on a 10-year lease until January 2035
Five income-producing residential apartments included within the sale
Potential future rental growth from the residential accommodation
Historically low tenant turnover and strong occupancy levels
Freehold together with the leasehold interests of Flats 2, 3, 4, 5 and 6.

Location

London Street, Andover, SP10 2PA

Open map Street View

Council tax: Band C (Approx £2,049/year)

Mortgage and stamp duty

Property price £900,000

£450k £1.4m

Deposit10% £90,000

£0 £900k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £810,000 mortgage. Most lenders would want a household income of about £180,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in SP10 2PA. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 3, Foresters House, 4, London Street Flat / maisonette	Flat / maisonette	Sept 2021	—	—	—	£120,000
Flat 3, Foresters House, 4, London Street Flat / maisonette	Flat / maisonette	Aug 2008	—	—	—	£135,000
Flat 2, Foresters House, 4, London Street Flat / maisonette	Flat / maisonette	Aug 2008	—	—	—	£125,000