Modern Method of Auction
Auction date not yet published
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 terraced house · PO10 8EW
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Part of the UK's Biggest Open House Event 25th September. Please call the branch for details. Situated in a wonderfully discrete location off a private road is this three bedroom mid terrace home.
Built in 2010, this beautifully presented property has an entrance hallway that leads to the spacious kitchen overlooking the communal parking area.
There is a downstairs cloakroom and then onto the lounge which in turn has access to the conservatory.
On the first floor there are two bedrooms which are serviced by a Jack and Jill bathroom affording lockable options. The top floor has the third bedroom with ensuite bathroom.
There is an allocated parking space with further visitor spaces for vehicles. At the rear is a pleasantly sized west-facing garden.
Auctioneer Comments: This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Please Note: Please be aware that we require id and proof of address from all buyers prior to formally processing any accepted offers.
An aml fee of £80 (including VAT) is also payable at this stage and covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Excellent village facilities in Southbourne include a farm shop, chemist, doctor’s surgery, church, pub and the Co-operative store.
The local secondary school is Bourne Community College and along with Southbourne infant and junior school have an excellent reputation.
The village train station provides easterly links to London Victoria via Chichester and westerly to Portsmouth Harbour and Southampton also connecting to London Waterloo at Havant.
The 700 Coastliner bus route operates between Portsmouth and Brighton, through Havant, Chichester and Emsworth.
Close to Southbourne village centre and just a short stroll to the picturesque harbour foreshore at Prinsted, this is an ideal location, also for sailing enthusiasts and nature lovers.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 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
Agent & docs
FAQ
About 7 The Retreat,, Stein Road, West Sussex
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