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See how verdicts work1-bedroom flat · PO14 1HA
Listing removedReduced £20k (−14.3%) on 21 JulListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the first floor and offered with the potential benefit of no onward chain, this well-presented apartment provides bright, spacious accommodation in a highly convenient location.
The property features a generous 14'8" sitting room, offering an inviting space for relaxation and entertaining, with direct access to a private balcony overlooking the attractive communal grounds.
The refitted kitchen/dining room has been thoughtfully updated and is fitted with a comprehensive range of built-in cooking appliances, creating a practical and stylish space for everyday living.
The accommodation also includes a good-sized double bedroom, enhanced by a useful walk-in storage cupboard/wardrobe area, which was formerly part of the original bedroom and provides excellent additional storage.
A modern refitted shower room completes the interior and benefits from a recently updated electric shower.
Externally, residents can enjoy extensive communal lawns, providing a pleasant open aspect and well-maintained surroundings.
The property further benefits from a garage with parking directly in front, as well as additional residents' parking for convenience.
Ideally positioned for commuters and those seeking excellent local amenities, the apartment is located close to regular bus routes and within easy reach of Fareham Train Station.
A useful parade of shops is situated directly opposite, offering a range of everyday conveniences just moments from the doorstep.
Combining well-proportioned accommodation, practical features and an excellent location, this apartment represents an ideal first-time purchase, investment opportunity or downsizing move.
Leasehold Unexpired Years: 96 Annual Ground Rent: £75 Ground Rent Increase: £100 in 2057 Service Charge review period: December Annual Service: £1250 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Additional information Materials used in construction: Ask agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Conveniently located on Redlands Lane, this property is within easy reach of Fareham town centre, local shops, supermarkets, restaurants and excellent transport links.
Fareham railway station and the M27 are both easily accessible, offering straightforward connections to Portsmouth, Southampton and beyond.
The property also benefits from proximity to local schools, healthcare facilities and the South Coast's popular waterfront attractions.
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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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
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FAQ
About Flat 12, Alders House, 54, Redlands Lane, Hampshire
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