3-bedroom bungalow · PO13 9AY
For saleReduced £10k (−2%) on 4 AugListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* This three bedroom link-detached bungalow is located in a delightful cul-de-sac within close proximity to the seafront.
The bungalow enjoys deceptively spacious living accommodation with three bedrooms and conservatory overlooking the well maintained and pleasant garden.
There is a driveway and garage to the front of the property.
* The Accommodation Comprises Front door to: Entrance Hall UPVC double glazed window to side elevation, two storage cupboards, access to partially boarded loft via pull down ladder.
Lounge/Dining Room (19' 0'' x 14' 0'' (5.79m x 4.26m)) UPVC double glazed windows to front and side elevations, coved ceiling, two radiators, electric fireplace with mantle.
Kitchen (11' 0'' x 9' 10'' (3.35m x 2.99m)) UPVC double glazed window to side elevation, fitted with a range of base cupboards and matching eye level units, cupboard housing boiler, one and a half bowl stainless steel sink and drainer unit with mixer tap, integrated appliances to include; gas hob with extractor hood over, eye level double oven, fridge/freezer, slim line dishwasher, door to garden.
Bedroom One (12' 1'' x 11' 0'' (3.68m x 3.35m)) UPVC double glazed window to rear elevation, coved ceiling, radiator, built-in wardrobe with matching dressing table.
Bedroom Two (11' 4'' x 8' 0'' (3.45m x 2.44m) plus wardrobe) UPVC double glazed window to side elevation, coved ceiling, radiator, built-in wardrobe.
Bedroom Three (11' 5'' x 9' 0'' (3.48m x 2.74m) plus wardrobe) UPVC double glazed window to rear elevation, coved ceiling, radiator, built-in wardrobe, door to: Conservatory (9' 9'' x 9' 9'' (2.97m x 2.97m)) Glass roof with fitted blinds, UPVC double glazed windows to rear and side elevations, door to rear garden.
Bathroom (11' 1'' x 6' 10'' (3.38m x 2.08m) maximum measurements) Obscured UPVC double glazed window to side elevation, close coupled WC, floating wash hand basin, p-shaped bath with mixer tap and mains shower over, ladder style radiator, extractor fan, tiling to walls and floor.
Outside The rear garden is enclosed by wood panelled fencing, laid to lawn with patio areas, shrubbery and foliage to boarders, pond, access to the front via gate, courtesy door to garage.
The front of the property provides off road parking and a further garden laid to lawn with bushes.
Garage (18' 2'' x 8' 6'' (5.53m x 2.59m)) Up and over door, power and lighting, space and plumbing for washing machine, consumer unit and meters to wall, courtesy door to rear garden.
General Information Construction - Traditional Water Supply – Portsmouth Water Electric Supply – Mains Gas Supply - Mains Sewerage - Mains Mobile & Broadband coverage - Please check via: Flood risk - Please check via:
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 15, Lancaster Close, Lee-On-The-Solent
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