1-bedroom flat · PO16 0LE
For saleListed 706 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great opportunity for Investors/Landlords only, this First Floor One Bedroom Corner Apartment with Juliet balcony enjoys some views of Fareham Creek and Cinema in the heart of Fareham Town Centre and situated next to Tesco supermarket.
Nota Bene Council Tax Band: - Fareham Borough Council. Tax Band A Tenure: - Leasehold.
136 years remaining on Lease, Maintenance is £1500pa, Ground Rent £156pa Lease 136 years remaining Property Type: - First Floor Apartment Property Construction: - Traditional Electricity Supply: - Mains Water Supply: - Mains Sewerage: - Mains Heating: - Electric Heating Broadband - Currently supplied by Sky.
Average available download speed for this Postcode of 945 mb: Potential broadband speeds - Mobile signal: Available - check here for all networks - Parking: No Allocated Parking Flood Risk: - Check at the Environment Agency’s website ( Fenwicks Estate Agents has further information as provided by current vendor The Accommodation Comprises; Front door with security telephone entry system into:- Communal Entrance Hall:- Stairs to first floor, front door into:- Entrance Hall:- Flat ceiling with smoke detector inset, airing cupboard with meters and fuse box, further cupboard housing hot water cylinder tank, electric underfloor heating, door to bathroom.
Open-Plan Lounge/Kitchen:- Lounge Area:- (11' 10'' x 8' 10'' (3.60m x 2.69m) Maximum Measurements) Double glazed window to front and side elevations.
Kitchen Area:- (11' 8'' x 7' 10'' (3.55m x 2.39m) Maximum Measurements) Double glazed window to side elevation, flat ceiling with smoke detector and extractor inset, base and eye level units with roll-top work surfaces, integrated oven and four-ring electric hob with stainless steel splashback and stainless steel extractor over.
Bedroom 1:- (12' 10'' x 9' 1'' (3.91m x 2.77m) Maximum Measurements) Double glazed window to front elevation, door to Jack and Jill bathroom.
Jack And Jill Bathroom:- (6' 9'' x 6' 3'' (2.06m x 1.90m)) Flat ceiling with smoke detector and extractor inset, close-coupled wc, wash hand basin with mixer tap and tiled splashback, mirror-fronted wall unit, panelled bath with mixer tap and shower over, shower screen, partly tiled, door leading to entrance hall.
Agents Notes:- This property is leasehold. £1500 Maintenance Charge Per Annum. £156 Ground Rent Per Annum.
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 advisors 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
FAQ
About 12 Clarkes Court, Quay Street, Fareham
Explore nearby