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See how verdicts work2-bedroom flat · PO15 5LP
Sold STCListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION NO FORWARD CHAIN.
This well-presented purpose built two bedroom ground floor apartment is located in an impressive modern development within the highly regarded area of Catisfield, Fareham.
Entrance to the development is via secure video entry system with communal hall and lift and stairs to all floors.
The internal accommodation comprises; private entrance hall with two storage cupboards, modern fitted kitchen/diner, 15' living room with French doors onto the communal grounds, two bedrooms, bathroom and bedroom one benefits from an en-suite shower room.
Outside, the property benefits from one allocated parking space and the development has well-tended communal grounds with the apartment having access from bedroom one and the lounge to a patio area, there are also bike and bin stores.
Viewing is a must to appreciate the location on offer. COMMUNAL ENTRANCE HALL With lift and stairs to all floors. Entrance via secure video entry system. PRIVATE ENTRANCE HALLWAY Front door.
Smooth and coved ceiling with inset spotlighting. Two storage cupboards. Radiator. Luxury vinyl tiled flooring. KITCHEN/DINER Double glazed sash window to the rear aspect.
Smooth and coved ceiling with inset spotlighting. Matching wall and base units with granite worktops. Inset stainless steel sink and hearth. Water softener.
Integrated 'Neff' oven and hob with extractor hood above. Integral dishwasher and washing machine. Radiator. Luxury vinyl tiled flooring.
Opening to: LIVING ROOM Double glazed French doors leading to the communal grounds. Double glazed sash window to the side aspect. Smooth and coved ceiling. Radiator.
BEDROOM ONE Double glazed sash window to the front aspect. Double glazed door leading to the communal grounds. Smooth and coved ceiling. Fitted wardrobe. Radiator.
EN-SUITE Smooth and coved ceiling with inset spotlighting. Extractor fan. Suite comprising; walk-in shower area with screen. Low level WC. Wash hand basin. Heated towel rail. Part tiled walls.
Tiled flooring. BEDROOM TWO Double glazed window to the front aspect. Smooth and coved ceiling. Radiator. BATHROOM Smooth and coved ceiling with inset spotlighting.
Suite comprising; bath with hand shower and screen. Wash hand basin. Low level WC. Heated towel rail. Part tiled walls. Tiled flooring.
OUTSIDE The property benefits from one allocated parking space, which can be located to the rear of the development and is labelled No. 4 and is the first on the left hand side.
There is also visitors parking available labelled 'V'. The development also has a bike and bin store and well-maintained communal grounds.
LEASE INFORMATION Remainder of 125 year lease from 01/12/2008. Ground rent: £150 payable for the period 01/01/2026 - 31/12/2026.
Maintenance/service charge: £1,500 payable for the period 01/01/2026 -31/12/2026. Includes buildings insurance.
AG E NT'S NOTE In accordance with Section 21 of the Estate Agents Act 1979, we advise prospective purchasers that the vendor is related to an employee of Pearsons. COUNCIL TAX Fareham Borough Council.
Tax Band C. Payable 2025/2026. £2,018.27.
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 The Briars, Catisfield
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