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See how verdicts work3-bedroom property · PO16 8NF
For saleListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached over 55's park home in a cul-de-sac location on a private residential site with no chain ahead and views towards Portsmouth Harbour offering: Two double bedroom, entrance hallway, dual aspect lounge/diner, fitted kitchen with utility area, shower room and separate cloakroom, off street parking, a detached garage/workshop and a generous low maintenance corner plot garden.
The Accommodation Comprises:- Part double glazed composite front door to: Entrance Hallway:- Built-in storage cupboard, electric heater, textured ceiling.
Doors to: Lounge/Dining Room:- (19' 1'' x 15' 6'' (5.81m x 4.72m) Maximum Measurements, L-shaped Room) A dual aspect room with UPVC double glazed windows to the front and side elevations, two electric heaters, TV aerial point, a dining area with space for table and chairs if required and coving to textured ceiling.
Fitted Kitchen:- (9' 4'' x 9' 2'' (2.84m x 2.79m)) UPVC double glazed window to the rear elevation, the kitchen is fitted with a matching range of base and eye level units with roll top work surfaces, one and a half bowl single drainer sink unit inset with a mixer tap and part tiled walls, built-in eye level oven and grill, electric hob with extractor above, textured ceiling, electric heater.
Walkway to: Utility Area:- (6' 4'' x 5' 4'' (1.93m x 1.62m)) Built-in airing cupboard, space and plumbing for washing machine and fridge/freezer, textured ceiling.
UPVC part double glazed door leading to the garden.
Bedroom One:- (10' 8'' x 9' 2'' (3.25m x 2.79m)) UPVC double glazed window to the front elevation with views towards Portsmouth Harbour, electric heater and textured ceiling.
Bedroom Two:- (9' 8'' x 9' 2'' (2.94m x 2.79m)) UPVC double glazed window to the rear elevation, electric heater and textured ceiling.
Shower Room:- (6' 3'' x 5' 5'' (1.90m x 1.65m)) Opaque eye level UPVC double glazed window to the front elevation, suite comprising shower cubicle with Triton electric shower, close couple WC, pedestal wash hand basin, tiled walls, heated towel rail, wood effect laminate flooring, an additional electric heater and coving to textured ceiling.
Separate Cloakroom:- Opaque UPVC double glazed window to the rear elevation, close coupled WC, wall mounted wash hand basin, part tiled walls, wood effect laminate flooring and textured ceiling.
Outside:- The property benefits from a generous low maintenance corner plot garden with a patio area for entertaining purposes and views towards Portsmouth Harbour, water tap, there is also off street parking and a detached garage/workshop with up and over door and side courtesy door to the garden.
Agents Note:- The park home is on an all year round private residential site. The ground rent & pitch fee is currently £203.86 per month (£2446.32 per annum).
Value & comps
No previous sales on record.
Returns
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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 22a, Northfield Park, Upper Cornaway Lane, Fareham
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