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 work3-bedroom flat · PO12 2DH
Listing removedReduced £25k (−6.3%) on 21 JunListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bernards Estate Agents are delighted to offer for sale this exceptional Grade II Listed three-bedroom penthouse apartment, located on Crescent Road, one of the most sought-after roads in Alverstoke.
Situated just one road back from Stokes Bay beach, this home offers an enviable coastal lifestyle, with southerly sea views across the Solent towards the Isle of Wight.
The property beautifully blends period charm with modern comfort and benefits from gas central heating, with a boiler approximately two years old that has been regularly serviced.
Character features include large sash windows and high ceilings, enhancing the sense of light and space throughout.
Arranged over three floors, the accommodation begins with the entrance and stairs leading to the first floor landing, where there is a WC.
The spacious fitted kitchen/breakfast room features integrated appliances and an island unit, while the generous lounge/diner offers Karndean flooring, a working fireplace, a window seat, and shutters that will remain.
On the second floor, there are three well-proportioned bedrooms.
The principal bedroom benefits from access to a private balcony with space for a table and chairs, and there is also a refitted modern shower room on this level.
Externally, the property enjoys access to a communal garden, along with a private shed for storage and rear vehicle access.
The residents own a share of the freehold, and the building has undergone a programme of maintenance works, including repointing and external redecoration, helping to keep it in excellent condition.
We are advised by the seller that there are no pet restrictions, and for buyers looking to move quickly, the property is offered with no onward chain.
Early viewing is highly recommended to fully appreciate both the accommodation and the lifestyle on offer. Ground Floor Entrance Stairs to first floor landing.
First Floor Landing Downstairs Wc Kitchen/Breakfast Room (4.67m x 4.17m (15'4 x 13'8)) Living/Dining Room (6.83m x 4.83m (22'5 x 15'10)) Second Floor Landing Bedroom One (4.37m x 4.19m (14'4 x 13'9)) Bedroom Two (4.14m x 3.81m (13'7 x 12'6)) Bedroom Three (3.33m x 2.41m (10'11 x 7'11)) Balcony (4.14m x 1.17m (13'7 x 3'10)) Outside Communal Gardens Share Of Freehold Information We are advised by the seller that the property benefits from the remainder of a 999-year lease, with a service charge of approximately £75 per month.
Council Tax Band D Anti Money Laundering Bernards Estate Agents have a legal obligation to complete anti-money laundering checks. The aml check should be completed in branch.
Please call the office to book an aml check if you would like to make an offer on this property. Please note the aml check includes taking a copy of the two forms of identification for each purchaser.
A proof of address and proof of name document is required. Please note we cannot put forward an offer without the aml check being completed.
Offer Check Procedure If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position.
Our Sellers expect us to report on a Buyer's proceedability whenever we submit an offer. Thank you.
Removals As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company.
Please ask a member of our sales team for further details and a quotation.
Solicitors Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution.
The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid.
A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner.
Bernards can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.
Bernards Mortgage & Protection We have a team of advisors covering all our offices, offering a comprehensive range of mortgages from across the market and various protection products from a panel of lending insurers.
Our fee is competitively priced, and we can help advise and arrange mortgages and protection for anyone, regardless of who they are buying and selling through.
If you're looking for advice on borrowing power, what interest rates you are eligible for, submitting an agreement in principle, placing the full mortgage application, and ways to protect your health, home, and income, look no further!
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
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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
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FAQ
About 15D, Crescent Road, Gosport
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