3-bedroom terraced house · PO8 9NH
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION: This three bedroom property is offered to the market with no onward chain.
Whilst the property is in need of full refurbishment, it offers well-proportioned rooms and the opportunity for the next owner to breathe new life into this family home.
On entering the property there is a downstairs cloakroom and large store cupboard.
Other properties of the same design have combined this space, plus the exterior store, to create a downstairs shower room, and subject to the usual consents, this could be repeated here.
There are stairs to the first floor plus doors to the sitting/dining room and the kitchen. The kitchen is front aspect and has been divided into two areas.
Opening this back to one larger area could provide an opportunity for a kitchen/breakfast room if desired. The sitting/dining room is rear aspect and has a door out to the garden.
Upstairs there is a spacious landing with doors to the three bedrooms and family bathroom. There is also an airing cupboard housing a gas-fired combi boiler.
LOCATION: Horndean is particularly well regarded for its attractive green surroundings and excellent access to open countryside, with nearby walking routes and recreational spaces adding to the area’s broad appeal.
The location also falls within a well- regarded school catchment, further enhancing its desirability for families seeking both convenience and long-term practicality.
Horndean and neighbouring Waterlooville offer an excellent range of amenities, including shops, supermarkets, cafés and everyday services, together with a choice of high street venues for dining, meeting friends and day-to-day convenience.
For those requiring strong transport connections, the area is well positioned for access to surrounding towns and Portsmouth via local bus routes, while mainline rail services are readily available from nearby Havant and Petersfield, offering direct links towards Portsmouth, Southampton, London and a range of wider regional destinations.
ADDITIONAL INFORMATION: The property is a mid-terraced modern freehold house of brick construction. It is connected to all mains services and has double glazing and gas central heating.
The local authority is East Hampshire District Council and the tax band is C. The EPC rating is band C.
There is no allocated parking for the property, however there is potential to park within the road on a first come, first serve basis.
For further information including estimated broadband speeds and mobile phone coverage please see the property information link within the online listing.
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
FAQ
About Jodrell Close, Horndean, Waterlooville, Hampshire
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