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See how verdicts work3-bedroom house · PO4 8RT
For saleReduced £20k (−10.5%) on 14 OctListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom Bay fronted home / Vacant with no chain ahead / In need of full refurbishment / Excellent first purchase or investment / Perfect for all developers, investors and builders / Gas central heating and mostly double glazed / South facing rear garden / First floor bathroom / Downstairs WC Close to milton common with good access to the M27 The Property Located in Velder Avenue, in the ever popular location of Milton, this mid-terrace house presents an exciting opportunity for those looking to invest in a property with great potential.
Built in 1910, this three-bedroom bay-fronted home boasts a generous 915 square feet of living space, making it an ideal choice for families, developers, or first-time buyers.
The property features two separate reception rooms, with a lounge to the front and dining room in the middle following through to the kitchen.
The kitchen, along with a lean-to conservatory, offers additional versatility, while a convenient downstairs WC adds to the practicality of the layout.
Upstairs, you will find three well-proportioned bedrooms and a first-floor bathroom, making this property stand out from those with ground floor wash facilities.
One of the standout features of this home is the south-facing rear garden, perfect for enjoying sunny afternoons and offering a fair degree of privacy.
Although the property is in need of full refurbishment and modernisation, it presents a blank canvas for those with a vision to create their dream home.
Situated close to Milton Common, this location offers excellent access to the M27, making commuting a breeze.
The area is popular among families and professionals alike, providing a vibrant community atmosphere.
As a freehold property, it is vacant and ready for immediate possession, making it a fantastic opportunity for anyone looking to make their mark in the city.
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
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FAQ
About 35, Velder Avenue, Southsea
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