2-bedroom terraced house · PO16 7SR
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain ahead......This two double bedroom end of terrace character property situated in the heart of the town centre, the accommodation briefly comprises of two reception rooms, modern re-fitted kitchen, downstairs cloakroom/utility room, two double bedrooms and a spacious bathroom with a free standing bath and separate shower.
Other benefits include gas central heating, double glazing and permit parking available. There is an enclosed rear garden with side access and shed storage.
Call Chambers today to arrange early access.
Front Door Into: Lounge (3.64 x 3.49 (11'11" x 11'5")) Skimmed ceiling, PVCu double glazed window to front elevation, television point, telephone point, access to meter cupboard, radiator, open chimney.
Door into: Dining Room (3.65 x 3.57 (11'11" x 11'8" )) Skimmed ceiling, PVCu double glazed window to rear elevation, television point, radiator, cupboard under the stairs, open chimney, stairs to first floor.
Kitchen (2.21 x 1.51 (7'3" x 4'11" )) Skimmed ceiling, PVCu double glazed window and door to side elevation, a modern re-fitted rage of wall and base/drawer units with worksurface over, inset sink, eye level double electric oven, gas hob with hod over, access to boiler, under-counter fridge, tiled, door into: Downstairs Cloakroom/Utility (2.21 x1.51 (7'3" x4'11")) Skimmed ceiling, PVCu double glazed window to rear and side elevation, WC, wash hand basin, plumbing for washing machine, space for undercounter freezer, radiator.
First Floor Landing Access to loft void. Doors to: Bedroom 1 (3.69 x 3.54 (12'1" x 11'7")) Skimmed ceiling, PVCu double glazed window to front elevation, open chimney, wood flooring.
Bedroom 2 (3.61 x 2.71 (11'10" x 8'10")) Skimmed ceiling, PVCu double glazed window to rear elevation, cupboard, wood flooring.
Family Bathroom (3.59 2.35 (11'9" 7'8")) Skimmed ceiling, PVCu double glazed windows to side and rear elevation, suite compromising of separate corner shower cubicle, roller top bath, wash hand basin, WC, heated towel rail.
Extractor fan, wood flooring. Outside Rear Garden A low maintenance rear garden mainly lawn to lawn with patio area, and path leading to large shed.
Outside tap, power socket, side gate offering side access. Agent Note: There is also a right of way access for neighbouring properties. Parking Permit parking for residents.
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 New Road, Fareham
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