1-bedroom house · PO12 2LX
Listing removedListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Retirement flat which has been renovated to a high standard located in the heart of Alverstoke Village. The accommodation offers 1 bedroom, lounge, modern kitchen and modern shower room.
Lift and stairs to each floor, communal parking to the rear. Communal Entrance With lift or stairs to each floor, the flat is located on the 1st floor.
Entrance Hall Door entry panel incorporating emergency assistance call facility, meter cupboard, large storage cupboard with space for freezer, electric panel heater, coved ceiling.
Lounge - 12'0" (3.66m) x 11'2" (3.4m) Average, PVCu double glazed window, electric panel heater, coved ceiling, archway to: Kitchen - 5'7" (1.7m) x 7'4" (2.24m) Average, 1 1/2 bowl stainless steel sink unit, cream fronted wall and base units with worksurface over, built in oven and 2 ring induction hob, space for fridge, PVCu double glazed window, coved ceiling, composite panel splashbacks.
Bedroom - 8'5" (2.57m) To Wardrobe x 8'9" (2.67m) PVCu double glazed window, fitted triple wardrobe with sliding doors, further corner wardrobe with rail and shelf, coved ceiling.
Shower Room Double size shower cubicle with glass screen, rail, rainfall and hand shower, vanity hand basin, W.C with concealed cistern, PVCu double glazed window, aqua panel splashbacks, Dimplex fan heater, cupboard with shelves and Storm electrical water heater.
Outside Residents casual parking, communal sitting area. Services We understand that this property is connected to mains electric, water and sewage. There is no gas to this property. Tenure Leasehold.
Balance of a 99 year lease from 1st November 1983. Current ground rent £414.92 per annum and maintenance charge £3390.62 per annum.
We understand there is a 1% exit fee paid when you sell the property.
These details are provided to the best of our ability from the information provided to us by the owner, but a buyer should check the figures once the official leasehold enquiries from the management company/freeholder are received by their legal advisor as they can be subject to change.
This should be done before exchanging contracts to purchase the property. what3words /// master.cover.pines Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Alverstoke Court, Gosport
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