1-bedroom flat · PO16 7EL
Sold STCListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION A one bedroom first floor flat, which benefits from having its own front door and is a short walk from Fareham train station and the town centre.
The property, which is offered with NO FORWARD CHAIN, briefly comprises of a communal staircase and landing, a private front door to entrance, a lounge, bedroom, bathroom and kitchen.
The property is warmed by gas central heating and is double glazed. There are communal gardens to both front and rear and a GARAGE located within the development.
As sole agents we would highly recommend an early inspection. COMMUNAL STAIRCASE TO: FIRST FLOOR LANDING Private front door to: ENTRANCE HALL Radiator.
Doors to: LOUNGE Double glazed window to rear elevation overlooking Park Lane. Radiator. Cupboard housing gas meter and electric fuse box.
Door with glazed panel to: BEDROOM Double glazed window to rear elevation. Radiator. KITCHEN Double glazed window to front elevation. Stainless steel single drainer sink unit with cupboard under.
Further range of wall and base level units with roll edge work surfaces over and splashback tiling. Built-in four ring electric hob with electric oven under. Plumbing for washing machine.
Recess for fridge. Cupboard housing gas boiler. BATHROOM Double glazed window to front elevation. Panel enclosed bath with mixer taps and hand shower. Low level WC. Pedestal wash hand basin.
Part tiled walls. OUTSIDE There are communal gardens which surround the development and can be found mainly laid to lawn.
There is visitors' parking available and a GARAGE located within the development in a nearby block. LEASE INFORMATION Remainder of 999 year lease from 1st July 1974.
Maintenance/service charge: £1,219.40 per annum. COUNCIL TAX Fareham Borough Council. Tax Band A. Payable 2025/2026. £1,443.03.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Northwood Square, Fareham
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