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 work2-bedroom flat · PO15 6FG
For saleReduced £10k (−5%) on 3 SepListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented and spacious two bedroom ground floor apartment with modern kitchen, own private garden and off road parking situated within easy reach of local schools.
Nota Bene Council Tax Band: - Fareham Borough Council. Tax Band B Tenure: - Leasehold.
Maintenance is approximately: £2,241 per annum, 125 Years From 2018 so 117 years remaining Property Type: -Ground Floor 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: Potential broadband speeds - 80MPS Mobile signal: Available - check here for all networks - Parking: 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:- Door via telephone entry system into: Communal Entrance Hall:- Door into: Entrance Hall:- Electric wall heater, door to airing cupboard with hot water tank and shelves, flat ceiling inset spot lighting.
Living Room And Kitchen:- (21' 1'' x 11' 5'' (6.42m x 3.48m) Maximum Measurements) Double glazed window to side and rear elevations with fitted blinds, flat ceiling with spot lighting inset, French doors giving access to rear garden, air conditioning unit, range of base and eye level units with work surfaces, one and a half bowl sink unit with mixer tap, oven and grill, hob with extractor hood over, dishwasher, space for fridge freezer, washing machine and tumble dryer.
Bedroom 1:- (16' 6'' x 8' 4'' (5.03m x 2.54m)) Double glazed window to front elevation, wall mounted electric heater, flat ceiling inset spot lighting.
Bedroom 2:- (10' 4'' x 8' 5'' (3.15m x 2.56m)) Double glazed window to front elevation, wall mounted electric heater, flat ceiling inset spot lighting.
Bathroom:- (6' 2'' x 5' 9'' (1.88m x 1.75m)) Close coupled WC, wash hand basin, bath with shower over, shower screen, partly tiled. Outside:- Allocated parking and additional parking for residents.
Communal locked cycle store. Enclosed rear garden with astroturf and patio, garden shed, outside light.
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
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FAQ
About Flat 5, 122 Stow Crescent, Fareham
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