1-bedroom house · PO9 1ED
Sold STCListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom, , McCarthy & Stone flat is situated within Watermill Court which is a block of 39 apartments arranged over three floors with lifts to all.
The property is part of a historic site within Havant town centre and the accommodation comprises, in brief : entrance hall, bathroom, bedroom, kitchen and lounge / diner.
The property is double glazed and has electric wall mounted heaters. NO FORWARD CHAIN Watermill Court is situated in a conservation area behind the local parish church.
The site is a designated historical industrial site where originally parchments from animal skins were produced.
The site is also bi-sected by natural springs which makes this a special place to be - a very quiet enclave tucked behind and hidden from a very busy town and shops and cafes.
Havant is a thriving market town near the coast between Chichester and Portsmouth.
Walking distance to Langstone Harbour and the benefit of cycling down the Billy Line to Hayling Island within 20 minutes, without having to get in the car.
Excellent shopping facilities are on your doorstep and the mainline railway station is a short walk from the property. Good road links via A27 along the coast and A3(M) up to London.
Havant is a historic market town on the south coast of Hampshire, offering a blend of charming heritage, modern amenities, and excellent transport links.
Positioned between Portsmouth and Chichester, it provides easy access to the coast, countryside, and commuter routes, making it ideal for families and professionals alike.
The town features a mix of local shops, supermarkets, schools, and green spaces, along with a mainline train station connecting to London Waterloo.
Entrance Hall Lounge 13' 2" x 12' 0" Kitchen 7' 5" x 7' 0" Bedroom1 12' 2" x 9' 0" Bathroom 7' 0" x 5' 7"
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 Springwell, Havant, Hampshire, PO9
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