1-bedroom flat · PO16 8EQ
Listing removedListed 182 days
Opportunity summary
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About
A well presented and extended purpose built ground floor garden flat in a cul-de-sac location with views towards Portsmouth Harbour offering: Double bedroom, lounge, fitted kitchen, shower room, UPVC conservatory overlooking and accessing the enclosed rear garden, garage/workshop and an allocated parking space.
The Accommodation Comprises:- UPVC part double glazed front door into: Entrance Porch:- UPVC double glazed window to side elevation, tiled flooring, flat ceiling.
Part glazed internal door to: Lounge:- (17' 4'' x 11' 3'' (5.28m x 3.43m) Maximum Measurements) UPVC double glazed bow window to front elevation with views towards Portsmouth Harbour, feature fire surround with marble inset, TV aerial point, wood effect laminate flooring, radiator, study area, flat ceiling with ceiling roses, archway to inner hallway.
Sliding door to: Kitchen:- (13' 1'' x 5' 4'' (3.98m x 1.62m)) UPVC double glazed window to rear elevation, fitted base, eye and glass display cupboards, roll top work surfaces, one and a half bowl sink unit inset with mixer tap and splashback, built-in oven with gas hob over and extractor above, space for undercounter fridge and separate freezer, space and plumbing for washing machine, tiled flooring, flat ceiling.
UPVC double glazed door to: Conservatory:- (15' 10'' x 9' 3'' (4.82m x 2.82m)) UPVC double glazed windows and doors overlooking and accessing the rear garden, space for table and chairs if required, radiator, tiled flooring, power and light connected.
Inner Hallway:- Under stairs storage cupboard housing the replacement gas central heating boiler, radiator, continuation of wood effect laminate flooring, textured ceiling.
Doors to: Bedroom:- (11' 8'' x 9' 2'' (3.55m x 2.79m)) UPVC double glazed window to rear elevation and decorative coving to flat ceiling.
Shower Room:- (6' 0'' x 5' 9'' (1.83m x 1.75m)) Suite comprising shower cubicle with Triton electric shower, pedestal wash hand basin, close coupled WC, part tiled walls, heated towel rail, tiled flooring and textured ceiling with extractor.
Outside:- An open plan low maintenance front garden. Side access leads to the allocated parking space and garage/workshop with up and over door.
Rear Garden:- Wooden gates to the side and rear of the property lead to the enclosed garden with wooden decking for entertaining purposes, water tap, steps to a raised lawn area with shrub borders.
Agents Note:- We have been advised the property has a 999 year lease from December 1975 with a peppercorn ground rent and no current maintenance charges.
Value & comps
No previous sales on record.
Returns
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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 43, Waltham Close, Fareham
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