2-bedroom terraced house · PO7 8EZ
Sold STCReduced £12.5k (−5.6%) on 26 SepListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom home in need of updating offered with no chain ahead. A two bedroom terrace house located in Waterlooville.
This property benefits from double glazing, gas central heating system, two allocated parking spaces, lounge/dining room, kitchen, first floor bathroom, rear garden, and would be an ideal first time or investment purchase.
Viewing is a must for all serious buyers. EPC C Directions Sat nav: PO7 8EZ. Proceed along Stakes Hill Road, at the roundabout take the first exit into Frendstaple Road. Turn right into Covert Grove.
Laurus Close can be found on the right hand side.
Entrance Porch Side aspect door, front aspect double glazed window, smooth ceiling, door to: Lounge/Dining Room (15' 6'' x 13' 2'' (4.73m x 4.02m)) Front and side aspect double glazed windows, stairs to first floor, two radiators, T.V and telephone points, coved and smooth ceiling, door to: Kitchen (13' 3'' x 7' 11'' (4.03m x 2.41m)) Rear aspect double glazed bay window and door to garden, range of fitted kitchen units with worktops over, tiled splashbacks, single sink unit, fitted oven, hob, and extractor hood, space for washing machine and fridge/freezer.
First Floor Landing Coved and smooth ceiling, doors to: Bedroom 1 (13' 3'' x 8' 11'' (4.03m x 2.71m)) Front aspect double glazed window, radiator, coved and smooth ceiling, fitted wardrobe.
Bedroom 2 (13' 3'' x 8' 1'' (4.05m x 2.46m)) Rear aspect double glazed window, radiator, coved and smooth ceiling, airing cupboard and boiler.
Family Bathroom Side aspect double glazed window, W.C, wash hand basin, bath with shower over, heated towel rail, smooth ceiling, isnet lights, trap hatch to loft space.
Outside There is a rear garden and two allocated parking spaces. Anti-Money Laundering (Aml) Archbold & Edwards have a legal obligation to complete anti-money laundering checks.
The aml check should be completed in the 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 us taking a copy of 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.
Mortgage Advisor We have an in-house financial advisor who can offer the following services: - Mortgages and btl - Protection - Pensions Advice - Investments Advice - Wealth Management To organise an appointment please contact Archbold & Edwards.
Conveyancing We offer competitive conveyancing services, with local conveyancing companies.
For more information or to organise a quote please call us on Compliance Note Please be aware all measurement and floor plans used in the details are approximate and for marketing purposes only.
The services, system and appliances have not been tested and no guarantee as to their operability or efficiency can be given by Archbold & Edwards Ltd.
Tenure Any information stated about the tenure and charges for a property have been provided by the seller of the property and is subject to change.
All lease information provided will be confirmed by the sellers solicitor during any conveyance.
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 6, Laurus Close, Waterlooville
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