Property · PO7 7SZ
For saleListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Whether you are a self-builder looking for an aspirational opportunity to build your forever family home, or a small developer seeking a great business opportunity, the marketing of this development provides that chance.
With an original planning permission granted in (2021) for four stunning detached houses, all were individually sold for development by each new owner.
Plots two through to four were constructed and are now lived in, however due to a change in circumstances, plot one has now come back to the market, looking for a new owner.
Marginally the largest house layout of the four Plot one has detailed planning permission for a detached 236 sq.m or 2540 sq.ft family home with striking 'New England' style boarded elevations.
The spacious layout offers four well sized bedrooms, with the main bedroom boasting a dressing room, en-suite and a large balcony to the rear, apart from the dressing room the generous guest bedroom offers the same enjoyable space.
On the ground floor the suggested layout includes a stunning kitchen/breakfast room with bi—fold doors across the back, a living room, dining room, study, utility and downstairs cloakroom complete the accommodation.
Whilst externally the design has currently been set, it would be possible to adapt the internal layout to ones needs, with tweaks/changes to suit, with such an area of space it offers great versatility.
The plots were sold fully serviced, the private development road has been laid, there are all the mains services one would need to complete the project taking much of the usual hard work away.
Billett Avenue is undoubtably one of the most prestigious roads in the Waterlooville area, the road is occupied with similar sized but individually created family homes, that have been developed over the years.
This is the last real opportunity of this type in Billett Avenue with all other plots now being developed.
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 Billett Avenue, Waterlooville
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