3-bedroom bungalow · PO16 9NH
Sold STCListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no forward chain, this three bedroom extended semi-detached bungalow is ideally situated in central Portchester, within easy reach of local shops and excellent transport links.
The property offers fantastic potential and would benefit from some modernisation.
The accommodation comprises a fitted kitchen, a spacious lounge/diner, three generously sized bedrooms, a shower room, a recently refitted wet room and a conservatory providing additional living space.
Additional benefits include electric patio doors and a ramp down to the garden, making the accommodation wheelchair friendly.
Externally, the property benefits from a well-proportioned West facing rear garden featuring a patio area, greenhouse and shed.
To the front, there is a driveway providing off-road parking, along with a garage. Please contact our Portchester office today to arrange your appointment.
ENTRANCE HALL SHOWER ROOM KITCHEN 9' 11" x 7' 2" (3.02m x 2.18m) LOUNGE/DINER 29' 6" x 10' 1" (8.99m x 3.07m) BEDROOM THREE 12' 2" x 10' 0" (3.71m x 3.05m) CONSERVATORY 8' 6" x 7' 8" (2.59m x 2.34m) BEDROOM ONE 11' 2" x 8' 11" (3.4m x 2.72m) BEDROOM TWO 11' 4" x 10' 11" (3.45m x 3.33m) REAR GARDEN GARAGE DRIVEWAY
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 Merton Avenue, Portchester, Fareham
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