We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · PO16 9NB
For saleReduced £10k (−6.3%) on 25 JunListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no chain, located within the ever-popular over 60’s retirement development of Postern Close, this spacious two bedroom first floor apartment represents one of the larger styles available within the complex.
Ideally positioned directly opposite Portchester Shopping Centre, the property offers exceptional convenience with shops, amenities and transport links just moments away.
The development itself benefits from an on-site manager, residents’ parking, visitors’ parking and well-tended communal gardens, providing a safe, friendly and well-maintained environment.
The apartment offers bright and well-proportioned accommodation throughout.
The standout feature is the impressive 20ft sitting room, a generous and welcoming space ideal for both relaxing and entertaining.
French doors open onto a charming Juliette balcony, allowing natural light to pour in and creating an airy feel. The layout flows comfortably, making it easy to furnish and personalise.
The modern refitted kitchen measures approximately 11’11” and has been thoughtfully updated with contemporary units and ample worktop space.
There are two well-sized bedrooms, with the principal bedroom measuring 12’6” and the second bedroom 11’10”, the latter benefiting from built-in wardrobes.
A well-appointed shower room completes the internal accommodation. Further advantages include stair lift access to the first floor, enhancing ease of movement within the building.
Combining generous proportions, modern updates and a prime central location, this apartment presents an excellent opportunity for comfortable and convenient retirement living.
Tenure Leasehold 99 Years Unexpired Years: 59 Years Annual Ground Rent: £100 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service: £2408 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Additional information Materials used in construction: Ask agent Covenants / restrictions affecting the property: Age restrictive covenants - Ask agent for further details For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Located on the north shore of Portsmouth Harbour within the borough of Fareham, Portchester is a highly sought-after coastal village combining rich history, scenic waterfront living, and excellent connectivity.
Renowned for its iconic landmark, Portchester Castle - a remarkably preserved Roman fort and medieval castle - the village offers a unique heritage setting with beautiful grounds and far-reaching harbour views.
Residents enjoy a relaxed waterside lifestyle with coastal walks, sailing opportunities, and easy access to the shoreline, while the village centre provides a range of local shops, cafés, pubs, and everyday amenities.
Well-regarded schools and a strong community atmosphere make Portchester particularly popular with families.
For commuters, Portchester benefits from its own railway station with direct links to Portsmouth, Southampton, and London, as well as convenient road access via the M27.
The nearby market town of Fareham and the vibrant waterfront city of Portsmouth offer extensive shopping, dining, and leisure options just a short distance away.
Blending historic character with modern convenience, Portchester offers an attractive coastal village lifestyle within easy reach of the South Coast’s major destinations.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 30A,, Postern Close, Fareham
Explore nearby