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See how verdicts work2-bedroom bungalow · PO12 2BE
For saleReduced £20k (−6.3%) on 23 OctListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* no onward chain* Situated in a highly sought after road in Alverstoke is this rarely available two bedroom bungalow benefitting from open plan lounge/ diner, two toilets and garage in block.
* The Accommodation Comprises:- Obscured UPVC double glazed front door with side panel to: Entrance Hall:- Access to loft space, cupboard housing meters, further cupboard housing hot water tank, wall mounted electric heater, door to: Cloakroom:- (5' 7'' x 3' 1'' (1.70m x 0.94m)) Obscured UPVC double glazed window to front elevation, low level close coupled WC, wall hung wash hand basin, heated towel rail, extractor fan.
Lounge/ Diner:- (24' 5'' x 11' 6'' (7.44m x 3.50m)) Dual aspect with UPVC double glazed window to front elevation and UPVC double glazed door and window to conservatory, electric fire, two wall mounted electric heaters, space for table and chairs.
Conservatory:- (9' 7'' x 8' 7'' (2.92m x 2.61m)) Polycarbonate roof, UPVC double glazed windows to side and rear elevation, UPVC double glazed door to rear garden.
Kitchen:- (9' 11'' x 8' 9'' (3.02m x 2.66m)) UPVC double glazed windows to front elevation, fitted with a range of base cupboards and matching eye level units, roll top work surface over, stainless steel sink unit with mixer tap, tiled splash-back, space and plumbing for washing machine, space for oven with extractor hood over, space for fridge/ freezer, extractor fan.
Bedroom One:- (12' 5'' x 11' 11'' (3.78m x 3.63m)) UPVC double glazed window to rear elevation, built-in wardrobes with sliding doors, wall mounted electric heater.
Bedroom Two:- (11' 11'' x 8' 9'' (3.63m x 2.66m)) UPVC double glazed window to rear elevation, built-in wardrobe, electric heater.
Shower Room:- (6' 7'' x 5' 7'' (2.01m x 1.70m)) Obscured glazed window, low level close coupled WC, wash hand basin set in vanity unit with mixer tap, double shower cubicle with electric shower and seat, heated towel rail, extractor fan.
Outside:- The rear garden is enclosed by wood panelled fencing and hedging, laid to patio, gate providing rear pedestrian access.
To the front of the property is a lawned garden with shrubs and bushes to borders. Opposite the pathway is a further area with shrubs and bushes.
The property benefits from a garage situated in block with space for parking in front. Private residents access to the foreshore at the end of the lane.
General Information:- Construction: Traditional Water Supply: Portsmouth Water Sewerage: Mains Electric Supply: Mains Gas Supply: Mains Mobile & Broadband coverage: Flood risk:
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.
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FAQ
About 5, Leep Lane, Gosport
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