1-bedroom house · SO31 9AG
Sold STCListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented one bedroom retirement apartment benefiting from parking and resident's garden. Nota Bene Council Tax Band: - Fareham Borough Council. Tax Band B Tenure: - Leasehold.
Maintenance is approximately: £230, Ground Rent £100pa, tbc Years Remaining Property Type: - First Floor Retirement Apartment Property Construction: - Traditional Electricity Supply: - Mains, Water Supply: - Mains, Sewerage: - Mains, Heating: - Electric Heating Broadband - Unknown.
Average available download speed for this Postcode of 76MPS: Mobile signal: Available - check here for all networks - Parking: Unallocated 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 into: Communal Entrance Hall:- Stairs and lift to first floor.
Door into: Entrance Hall:- Storage cupboard with shelves. Lounge:- (13' 6'' x 10' 6'' (4.11m x 3.20m)) Double glazed window to front elevation, Velux window to side, Dimplex wall heater.
Kitchen:- (7' 5'' x 5' 6'' (2.26m x 1.68m)) Velux window to side, range of base and eye level units, sink unit, oven and grill, hob with extractor hood over, space for washing machine and space for fridge freezer.
Bedroom:- (8' 10'' x 8' 6'' Plus Recess (2.69m x 2.59m)) Double glazed window to front elevation, Dimplex wall heater, mirror fronted doors to wardrobe.
Bathroom:- (6' 9'' x 5' 6'' (2.06m x 1.68m)) Partly tiled, bath with shower over, shower screen, chrome heated towel rail, wash hand basin inset vanity unit, close coupled WC with concealed cistern, shaver socket, Dimplex wall heater, extractor fan.
Cherry Tree Court:- Parking for residents, communal garden.
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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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 Flat 7, Cherry Tree Court, Havelock Road, Warsash
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