Millway Road, Andover, Hampshire, SP10

NO CHAIN SALE

This exceptional investment opportunity comprises a substantial detached property set within approximately 0.82 acres and over 15,000sqft, offering both immediate income and significant scope to enhance value. Fully tenanted and generating an impressive annual rental income of £300,800, the asset provides a strong and reliable revenue stream from day one. With established occupiers in place, the property benefits from zero void risk and consistent income continuity, making it an ideal turnkey acquisition for investors seeking secure returns alongside long-term capital growth.

The accommodation is extensive and well-arranged across three floors. The ground floor features an entrance lobby, office, 17 Double Rooms (16 with en-suite facilities), a spacious lounge, dining room, activities room, kitchen, three additional bathrooms with WCs, and a boiler room.

The first floor provides a further 24 Double Rooms, 20 of which benefit from en-suite facilities, together with a lounge, two bathrooms with WCs, and a separate WC. The second floor comprises a self-contained penthouse apartment with its own kitchen, bathroom, and storage, offering flexible options for premium rental or owner occupation.

Externally, the property is equally impressive. To the front, there is ample off-road parking for approximately 10–15 vehicles, along with a secure, well-maintained garden accessed via the activities room. The garden is predominantly laid to lawn and incorporates a level tarmac walking area, a patio with gazebo, and raised flower beds. Beyond the secure garden lies a further generous lawned area with mature trees and established shrubs, enhancing the overall setting.

Situated in a predominantly residential area on the western side of Andover, the property enjoys excellent connectivity, with convenient access to the A303 and M3 linking to London and Southampton. Andover’s mainline railway station also provides regular direct services to London Waterloo, further strengthening its appeal to both tenants and investors.

Combining scale, strong yield credentials, and clear potential for future enhancement or repositioning, this is a rare opportunity to acquire a high-performing, income-generating asset in a well-connected location.