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See how verdicts work2-bedroom flat · PO16 0PH
Sold STCListed 314 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £180,000 to £190,000. We are delighted to offer this well presented two double bedroom ground floor apartment.
Conveniently located within walking distance of Fareham Town Centre and with easy access to local transport links the property also benefits from allocated off street parking.
Stepping in to the apartment you are greeted with a spacious entrance hallway with built in storage and doors to principal rooms.
The accommodation then consists of two good sized double bedrooms, a modern re-fitted bathroom and a large open plan living/kitchen/dining area with a modern fitted kitchen including integrated appliances and feature bay window looking over the front aspect.
The property well-presented throughout and must be viewed to be fully appreciated. Outside The property is within walking distance of all local amenities including shops, restaurants, cafes and pubs.
The apartment block itself is set back from the road with gated access leading to communal gardens and main entrance.
A security entry system then leads to a communal hallway where the apartment can be found on the ground floor.
To the rear there is vehicle access leading to an allocated parking space and further visitors parking available. Lease information Remainder of a 125 year lease starting on 25th March 2005.
Ground Rent: £200 Service Charge: £889
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Gosport Road, Fareham, Hampshire, PO16
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