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 work2-bedroom flat · PO7 7HQ
For saleReduced £10k (−4%) on 25 OctListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom first floor apartment is located within a Grade II-listed building formerly the site of a Nun's convent.
Offered with vacant possession, the property offers: a large communal entrance, stairs to the first floor, entrance hall, open-plan living room, modern fitted kitchen with built-in appliances, en-suite shower to bedroom one, modern bathroom and allocated parking at the front of the building.
COMMUNAL ENTRANCE Intercom entry system, stairs to first floor. ENTRANCE HALL Slatted shelved airing/storage cupboard, meters cupboard, radiator, security entry phone.
LIVING ROOM Two sash windows to front aspect, three radiators, TV point, smooth plastered ceilings, archway opening to : KITCHEN Modern high-gloss fitted wall and base units, worktops, inset stainless steel one and a half bowl single drainer sink, electric hob with overhead extractor, electric oven, integrated fridge/freezer, washing machine and dishwasher, concealed wall-mounted Potterton gas boiler.
BEDROOM ONE Sash windows to rear aspect, radiator, fitted wardrobes with hanger rails, shelving and drawers, TV point.
EN-SUITE Part opaque glazed window to rear, tiled shower cubicle, hand basin with mixer tap, WC, shaver point, ceiling extractor, towel radiator, vanity mirror.
BEDROOM TWO Sash windows to front aspect, radiator, ornamental cast iron fire surround, TV point.
BATHROOM Panel enclosed bath with mixer tap shower attachment, hand basin with mixer tap, WC, shaver point, ceiling extractor, towel radiator, vanity mirror.
OUTSIDE Allocated parking space to the front of the building. Additional nearby communal parking area, communal gardens.
GROUND RENT £418.00 per annum SERVICE CHARGE £1208.28 per annum BUILDING INSURANCE £857.41 per annum. LEASE INFORMATION 125 years from 1st January 2015 End date is 1st January 2140 113 years remaining
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Abbess Way, Waterlooville
Explore nearby
