We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · PO13 9GD
Sold STCListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Modern two bedroom end of terrace house with two parking spaces and attractive garden, situated close to the sea front at Lee-on-the-Solent.
Potential end of chain opportunity * The Accommodation Comprises:- Composite front door to; Entrance Hall:- Stairs to first floor, consumer unit and thermostat control to wall, smoke detector, radiator.
Cloakroom:- 6' 1'' x 2' 11'' (1.85m x 0.89m) Inset spotlighting, close coupled WC, corner pedestal wash hand basin, chrome ladder style radiator, extractor fan.
Kitchen:- 9' 11'' x 6' 11'' (3.02m x 2.11m) UPVC double glazed window to front elevation, inset spotlighting, fitted with a range of base cupboards and matching eye level units, worksurface with upstands, one and a half bowl single drainer stainless steel sink unit with mixer tap, gas hob with extractor hood over, cupboard housing boiler, integrated appliances include; electric oven, fridge/freezer, washer/dryer and dishwasher.
Lounge/Dining Room:- 16' 5'' x 14' 6'' (5.00m x 4.42m) maximum measurements UPVC double glazed windows to side and rear elevations, UPVC double glazed double opening doors to rear garden, space for table and chairs, under stairs storage cupboard, radiator.
First Floor Landing:- Access to partially boarded loft space, smoke detector, radiator.
Bedroom One:- 14' 5'' x 9' 5'' (4.39m x 2.87m) Two UPVC double glazed windows to rear elevation, thermostat control to wall, radiator.
Bedroom Two:- 14' 5'' x 9' 3'' (4.39m x 2.82m) maximum measurements UPVC double glazed window to front elevation, radiator, fitted wardrobes.
Bathroom:- 7' 4'' x 6' 3'' (2.23m x 1.90m) Obscured UPVC double glazed window to side elevation, close coupled WC, pedestal wash hand basin, panelled bath with mixer tap and mains shower over, shower screen, shaver socket, extractor fan.
Outside:- The rear garden is laid to artificial lawn with patio area, outside socket, summer house to remain, gate providing side pedestrian access.
To the front of the property there are two allocated parking spaces and flower beds with a range of shrubs and bushes.
Agents Note The vendor informs us at the time of instruction of the following information.
We would however suggest this information is verified by your legal representative before exchange of contracts.
Estate Management Charge: £168 Approximately per annum General Information Construction - Traditional Water Supply – Portsmouth Water Electric Supply – Mains Gas Supply - Mains Sewerage - Mains Mobile & Broadband coverage - Please check via: Flood risk - Please check via:
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
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FAQ
About Courageous Road, Lee-On-The-Solent, PO13
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