2-bedroom flat · PO16 8GG
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented purpose built ground floor apartment in a cul-de-sac location between Fareham and Portchester town centres with no chain ahead offering: Two bedrooms, en-suite shower room, security entry system, open plan lounge/kitchen/dining room, additional bathroom, well maintained communal gardens and an allocated parking space to the rear.
The Accommodation Comprises:- Security entry system with communal hallways.
Front door to: Entrance Hallway:- Built in storage cupboard and additional airing cupboard, security entry phone, electric heater, flat ceiling with smoke detector and doors to: Lounge/Kitchen/Dining Room:- (17' 7'' x 16' 2'' (5.36m x 4.92m) Maximum Measurements) UPVC double glazed window to the rear elevation overlooking the communal garden.
The kitchen is fitted with a range of base, eye and glass display units with roll top worksurfaces incorporating a breakfast bar and matching upstands, sink unit inset with mixer tap, built in oven and hob with extractor canopy and stainless splash back, space and plumbing for washing machine and dishwasher, recess for fridge/freezer, dining area with space for a table and chairs if required, seating area, two electric heaters, TV aerial point and flat ceiling with smoke detector.
Bedroom One:- (10' 9'' x 8' 9'' (3.27m x 2.66m) Plus Entrance to En-Suite) UPVC double glazed window to the rear elevation, electric heater, flat ceiling and door to: En-Suite Shower Room:- (5' 6'' x 5' 4'' (1.68m x 1.62m)) White suite comprising tiled shower cubicle with Hydramax shower, close coupled WC, pedestal wash hand basin with mixer tap and tiled splash back, shaver socket, electric chrome heated towel rail and flat ceiling with extractor.
Bedroom Two:- (10' 3'' x 9' 7'' (3.12m x 2.92m)) UPVC double glazed window to the rear elevation, electric heater and flat ceiling.
Bathroom:- (7' 2'' x 6' 3'' (2.18m x 1.90m)) White suite comprising panelled bath with mixer tap, shower attachment and screen, close coupled WC, pedestal wash hand basin with mixer tap, part tiled walls, electric chrome heated towel rail, shaver socket and flat ceiling with extractor.
Outside:- The property benefits from being on the ground floor allowing easier access to the well-maintained communal gardens which are mainly laid to lawn with mature tree and shrubs, bin store and an allocated parking space.
Agents Note:- Please be advised this property is leasehold and the details are available on request.
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
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FAQ
About Flat 3, Nile House, Oysell Gardens, Fareham
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