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See how verdicts work3-bedroom bungalow · PO11 9PT
Sold STCReduced £25k (−3.2%) on 2 SepListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Direct water access & private slipway to Mengham Creek.
Morris Dibben are delighted to present to market this three bedroom detached bungalow boasting beautiful peaceful views across The Creek towards Chichester Harbour.
This would be the perfect purchase for those who love the water and all the activities that come with it!
Entering the property, you have a spacious reception room currently used as the dining/entertainment area, a conservatory, there is a fitted kitchen, a sitting room with large windows letting through plenty of natural light and providing an amazing view of The Creek, three double bedrooms with the master boasting an ensuite bathroom and finally a family bathroom.
Externally to the front of the property is a block paved driveway offering plenty of off road parking for multiple vehicles, a double garage and also a detached single garage.
To the rear is one of the stand out features of the property. The rear garden offers direct water access to the creek via a private slipway.
This offers an amazing view towards Chichester Harbour and plenty of wildlife. We highly recommend an internal viewing on this property to appreciate what is on offer.
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 57, Southwood Road, Hampshire
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