We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · PO4 0EJ
Sold STCListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NO FORWARD CHAIN**C4 PLANNING FOR HMO USE** INVESTMENT OR RESIDENTIAL PURCHASE**TWO SHOWER ROOMS**FLEXIBLE LIVING SPACE** Located on Jessie Road in Southsea, this bay and forecourt mid-terraced property is offered with no forward chain and benefits from C4 planning, making it an attractive opportunity for investors or those seeking a flexible living arrangement.
The ground floor comprises a front reception room, previously operated as a double bedroom when rented to students, offering versatility in layout.
To the middle of the property is a separate lounge, leading through to a good-sized kitchen with ample space for appliances and storage.
A ground floor shower room is positioned to the rear, along with access to a generous rear garden.
Upstairs, the property offers two well-proportioned double bedrooms, in addition to a further shower room.
The layout lends itself well to continued student/sharer letting or reconfiguration to suit a residential buyer's needs.
The property was previously rented until last year at £1,450 per calendar month, excluding bills, providing useful context for buyers considering the investment potential.
Location: Jessie Road is situated in a popular and well-established residential area of Southsea.
The property is conveniently located for local shops, cafés, and everyday amenities, with Fratton train station and regular bus routes close by.
Southsea seafront, local parks, and the University of Portsmouth are also easily accessible, making this an appealing location for both students and long-term tenants, as well as owner-occupiers seeking a central Southsea setting.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 37, Jessie Road
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