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See how verdicts work2-bedroom house · PO16 7NQ
Listing removedListed 320 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION NO FORWARD CHAIN. A two bedroom ground floor apartment located within the sought after Northwood Square, a popular retirement development specifically for the over 55's.
The property briefly comprises; private front door leading to an entrance hall, a living room overlooking the communal garden, kitchen, two bedrooms and a shower room.
The property is warmed by gas central heating and has double glazed windows.
Outside, the development benefits from well-tended communal gardens with a number of seating areas, private non-allocated parking for the use of residents as well as visitors' parking.
The development has a guest suite (subject to availability), a house manager, drying area and a communal laundry room. As sole agents, we would highly recommend an early inspection.
DOUBLE GLAZED DOOR Leading to: ENTRANCE HALL Large storage cupboard. Radiator. Further storage cupboard.
Doors to: LIVING ROOM Double glazed bay window to rear elevation with double glazed picture window overlooking the communal garden. Radiator. Coved and textured ceiling.
KITCHEN Double glazed window to front elevation. Kitchen comprising single drainer sink unit with cupboard under.
Further range of wall and base level units with roll edge work surfaces over and splash back tiling. Built-in four ring induction hob with cooker hood over.
Built-in electric oven with cupboards under and over. Plumbing for washing machine. Recess for fridge/freezer. Wall mounted gas boiler. BEDROOM ONE Double glazed window to front elevation.
Comprehensive range of fitted bedroom furniture including wardrobes, chests of drawers and bedside cabinets. Coved and textured ceiling. Radiator. BEDROOM TWO Double glazed window to rear elevation.
Radiator. Coved and textured ceiling. SHOWER ROOM Shower cubicle with wall mounted shower unit. Vanity unit with wash hand basin and storage beneath.
Vanity mirror with lighting and electric shaver point. Low level WC. Bathroom storage cabinets. Heated chrome towel rail. Tiled floor. Extractor fan.
OUTSIDE There are attractive communal gardens throughout the development which are mainly laid to lawn with numerous bench and seating areas and flower and shrub borders.
There is private non-allocated parking for the use of residents only. There is also visitors' parking available.
The Northwood Square development also has the benefit of a guest suite available at a small cost subject to availability.
There is also a House Manager, an external drying area and a communal laundry room. LEASE INFORMATION Remainder of a 99 year lease from 10th August 1986 (60 years remaining).
Maintenance/Service Charge: £288.35 per month up to the 31st March 2026. Ground Rent: NIL COUNCIL TAX Fareham Borough Council. Tax Band B. Payable 2025/2026. £1,683.54.
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 Northwood Square, Fareham
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