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 work4-bedroom house · PO5 2PJ
For saleReduced £30k (−5.7%) on 9 OctListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** large southsea residence with garage, basement and bundles of charm ** We are excited to bring to market this great family home centrally located on Waverley Road.
Offering flexible and good size accommodation over 4 floors, this property is ideal for a family to enjoy for many years to come.
A generous reception room sits at the front of the home, currently set up as a dining room with the lounge currently being used in place of a bedroom on the first floor.
A kitchen bursting with rustic vibe sits at the rear overlooking an attractive garden with large garage at the rear.
On the top two floors you will find four bedrooms (one currently being used as a lounge) and two bathrooms, ideal for a large family set up.
A WC on the ground floor only adds to the appeal as well as a large basement, currently being used as a workshop / art room.
The location is so convenient with it being a short stroll to the seafront and central parts of Southsea where you can enjoy the bars restaurants and cafes on hand as well as local shops.
A great home that warrants an early internal inspection.
Basement Room (5.46m'' x 3.81m max (17'11'' x 12'6 max )) Ground Floor Lounge (5.51m'' x 3.66m'' (18'1'' x 12'0'')) Kitchen (4.32m'' x 4.01m'' (14'2'' x 13'2'')) Wc First Floor Bedroom 1 (5.44m'' x 5.11m'' max (17'10'' x 16'9'' max )) Bedroom 2 (4.32m'' x 3.30m'' (14'2'' x 10'10'')) Shower Room Second Floor Bedroom 3 (5.16m'' x 3.05m'' (16'11'' x 10'0'')) Bedroom 4 (5.11m'' x 2.72m'' (16'9'' x 8'11'')) Eaves Space Anti-Money Laundering (Aml) Bernards Estate Agents have a legal obligation to complete anti-money laundering checks.
The aml check should be completed in branch. Please call the office to book an aml check if you would like to make an offer on this property.
Please note the aml check includes taking a copy of the two forms of identification for each purchaser. A proof of address and proof of name document is required.
Please note we cannot put forward an offer without the aml check being completed Council Tax Band D Bernards Estate Agents cannot confirm the exact cost of this property council tax banding, for an up to date estimate, please contact your local authority Offer Check Procedure - If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position.
Our Sellers expect us to report on a Buyer's proceedability whenever we submit an offer. Thank you.
Property Tenure Freehold Removal Quotes As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company.
Please ask a member of our sales team for further details and a quotation.
Solicitor Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution.
The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid.
A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner.
Bernards can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.
Bernards Mortgage & Protection We have a team of advisors covering all our offices, offering a comprehensive range of mortgages from across the market and various protection products from a panel of lending insurers.
Our fee is competitively priced, and we can help advise and arrange mortgages and protection for anyone, regardless of who they are buying and selling through.
If you're looking for advice on borrowing power, what interest rates you are eligible for, submitting an agreement in principle, placing the full mortgage application, and ways to protect your health, home, and income, look no further!
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
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 85, Waverley Road, Southsea
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