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See how verdicts work4-bedroom bungalow · PO11 9QW
For saleReduced £55k (−4.4%) on 13 OctListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The current owners bought 61/63 Eastoke Avenue as a project in 2024 and have transformed it completely.
It now offers around 1,447 sq ft of well-planned single-storey living on a waterside plot of about three quarters of an acre.
The main living space is a 31ft kitchen/dining room across the back of the house. It has a central island with hob, and bi-fold and French doors open straight onto the garden.
It is a bright, sociable room that works for everyday living and for entertaining. A separate snug sits off it, and a utility room with its own side door keeps the practical side out of view.
The principal bedroom has fitted wardrobes and French doors to the garden. Its en suite has a freestanding bath and a separate walk-in shower.
Bedroom two also has an en suite shower room, and bedrooms two and three are both over 16ft long. A fourth bedroom and a family shower room complete the accommodation.
Outside The plot extends to approximately 0.75-acres with over 150ft of water frontage and views across Chichester Harbour.
Outside of the 0.75-acres, the property also includes the mudflats beyond the garden, which run out to the far side of the channel, on a separate title.
A private jetty takes a boat of up to 30ft, and the property has eight licensed moorings in total. This is a rare offering on the island.
The grounds also hold two detached static caravans with an eight-month occupancy licence.
Both have been stripped out ready for refitting, and the vendors estimate that once renovated or replaced they could generate in the region of £30,000 to £50,000 a year subject to occupancy rates.
There may also be scope to extend the occupancy period to ten or twelve months and to add a third static caravan, subject to the necessary consents. Further information is available on request.
There are two garages: A detached garage of 17'10 x 8'4, and a second of 13'4 x 10'5 with double doors and an adjoining WC. A 9'10 x 7'7 shed adds further storage.
Location Eastoke sits at the south-eastern end of Hayling Island, close to the beach and the mouth of Chichester Harbour, a designated National Landscape.
The island is known for sailing, water sports and the Hayling Billy coastal trail, and has everyday shops and cafés nearby.
Havant is reached by the road bridge and has a wider range of amenities and a mainline station with services to London Waterloo.
What 3 Words ///superhero.post.spicy EPC Rating: D Garden Largen garden, sat on a plot of about 0.75-acres
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 61/63, Eastoke Avenue, Hayling Island, PO11
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