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See how verdicts work1-bedroom house · PO12 1QG
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently located for Stoke Road facilities, bus stops and supermarket. 1 Bed first floor retirement flat near to the lift.
The flat has a wider than normal lounge and upgraded kitchen and bathroom. No forward chain. Communal Entrance Hall Lift or stairs to all floors, the flat is located on the 1st floor.
Entrance Hall Door entry phone, emergency call facility, coved ceiling, airing / meter and storage cupboard.
Lounge - 15'4" (4.67m) x 12'6" (3.81m) Widening to 16`9 (3.81m), 2 PVCu double glazed windows, fireplace with electric fire, emergency assistance pull cord, coved ceiling, 2 wall lights, archway to: Kitchen - 7'3" (2.21m) x 5'5" (1.65m) Single drainer stainless steel sink unit, wall and base cupboard with worksurface over, built in oven and 4 ring electric hob, tiled walls, cooker extractor canopy.
Bedroom - 12'2" (3.71m) x 8'9" (2.67m) PVCu double glazed window, built in double wardrobe, coved ceiling, emergency assistance call button.
Bathroom Refitted with sit in bath, mixer tap and shower attachment, low level W.C., vanity hand basin with cupboard under, aqua panel splashbacks, chrome heated towel rail, extractor fan, emergency assistance call button to bath panel.
Communal Facilites Communal lounge, laundry room, guest suites available for hire, residents parking area. Tenure Leasehold. Balance of a 99 year lease from 1st September 1985.
Current ground £454.44 per annum and maintenance charges £2862.68. We believe the maintenance charges include water, sewage and building insurance.
We believe there is a 1% charge made when the property is sold paid by the seller at the time.
Purchasers should be aware that they would need to be over the age of 60 to purchase and in the case of a couple, one must be 60 years and the partner must be 55 years or over.
The development is designed for independent, active living. There are no care related services available.
These details are provided to the best of our ability from the information provided to us by the owner, but a buyer should check the figures once the official leasehold enquiries from the management company/freeholder are received by their legal advisor as they can be subject to change.
This should be done before exchanging contracts to purchase the property. Services We understand that this property is connected to mains electric, water and sewage. There is no gas to this property.
what3words /// pack.crops.rests Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Homefort House, Stoke Road, Gosport
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