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2-bedroom bungalow · PO16 8PH
For saleReduced £10k (−3.3%) on 16 OctListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to welcome to the market this two bedroom semi detached bungalow with garage and off road parking in the highly sought after location of The Leaway, Portchester.
This property is well presented throughout but is in need of a little updating in areas. It consists of a spacious lounge room with an extension on the rear.
The kitchen is a decent size with plenty of cupboard space, generous shower room and two double bedrooms to the front.
Externally there is as long south facing garden with side access out to the driveway and garage.
There is potential on this property to add a first floor and rear extension as so many in the road have already done this. For more information or to arrange a viewing please call Castles today.
Kitchen (2.3 x 5.2 (7'6" x 17'0")) Lounge (3.0 x 4.6 (9'10" x 15'1")) Shower Room (1.6 x 2.7 (5'2" x 8'10")) Bedroom 1 (2.8 x 4.4 (9'2" x 14'5")) Bedroom 2 (2.7 x 3.7 (8'10" x 12'1")) Conservatory (3.0 x 3.3 (9'10" x 10'9")) Financial Services If you are looking to get a comparison on your mortgage deal then do let us know as we can put you in touch with some independent mortgage advisors that would be happy to help.
It is always worth a last minute comparison before you purchase a property as the current deals can change weekly.
Solicitors If you are looking for a solicitor to handle the conveyancing process then do let us know as we can point you in the direction of some local, well recommended companies that would be happy to help and provide you with a quote.
Anti Money Laundering Castles Estate Agents have a legal obligation to complete anti-money laundering checks at our cost via a portal called Credas.
Please note the Credas aml check includes taking a copy of identification for each purchaser, a proof of address and proof of name document is required.
Please note we cannot agree a transaction without the Credas aml check being completed and there will be a small admin fee of £25+VAT charged to the successful purchasers to complete these legally required checks.
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 33, The Leaway, Fareham
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