1-bedroom flat · PO16 7UY
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the market this stunning one bedroom mezzanine level apartment.
The property benefits from two allocated parking spaces, long lease, modern fitted kitchen and bathroom plus impressive vaulted ceilings which must be viewed in person to be fully appreciated.
On approach you enter the building through a communal door with a telephone security entry system leading to the main entrance of the apartment on the ground floor.
On entering the apartment itself you are greeted by a stunning dual aspect, open plan living/kitchen/dining area with impressive vaulted ceilings, original sash windows with secondary glazing leading to a modern fitted kitchen.
The kitchen comprises of high gloss units with feature red brick splash back and integrated appliances including a fridge, hob, oven, washing machine and dishwasher.
Adjacent to the kitchen there is a storage cupboard which also houses the boiler plus further under stairs storage.
Outside The property is set back to the rear of the development and directly outside there are two allocated parking spaces plus further visitors spaces nearby and further communal ground surrounding.
Conveniently within walking distance of Funtley Village which benefits from a country pub and beautiful countryside walks.
There is also a post office and convenience store at the top of Funtley Hill plus easy access to Highlands Road shops, Fareham Town Centre and the M27.
Lease details Remainder of 999 year lease starting for 1st January 2023. Ground rent peppercorn Service charge £1255. Every six months.
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
Agent & docs
FAQ
About 1, Funtley Court, 19, Funtley Hill, Hampshire
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