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See how verdicts workHouse · PO17 5JT
For saleListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Heming & Co and Culvert House have been in the same family for many years.
This is a great opportunity to purchase these two buildings located close to Wickham Square – one of the largest village market squares which benefits from a variety of shops and businesses.
The Heming & Co building has a number of offices on the first and second floors, currently rented with a communal kitchen and toilets.
On the ground floor, the shop area is rented out to Local Home Hardware. Culvert House, was until recently, rented to a financial advisors company.
The building is set over three floors with its own cellar.
Anti Money Laundering Buyers: If you have an offer accepted on a property through Byrne & Co, under the Anti-Money Laundering Regulations (2017) we are required by law to conduct Anti-Money Laundering Checks.
There is a charge of £30 + VAT for these checks per buyer.
Sellers: Upon receipt of instructions to act in the selling of your home, under the Anti Money Laundering Regulations (2017) we are required by law to conduct Anti Money Laundering Checks.
There is a charge of £30 + VAT per owner.
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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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
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FAQ
About Heming & Co and Culvert House Buildings, The Square, Fareham
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