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See how verdicts work1-bedroom house · PO16 7AS
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain. Well presented and spacious one double bedroom ground floor retirement apartment in central Fareham with with it's own door onto patio, and refitted shower room.
Nota Bene Council Tax Band: - Fareham Borough Council. Tax Band B Tenure: - Leasehold.
Maintenance is approximately: £tbc, Ground Rent £tbc, 104 Years Remaining Property Type: - Ground Floor Retirement Apartment Property Construction: - Traditional Electricity Supply: - Mains, Water Supply: - Mains, Included in the Maintenance Charge Sewerage: - Mains, Included in the Maintenance Charge Heating: - Electric Heating Broadband - Unknown.
Average available download speed for this Postcode of 24MPS: Potential broadband speeds - 80MPS Mobile signal: Available - check here for all networks - Parking: Unallocated Parking Flood Risk: - Check at the Environment Agency’s website ( Fenwicks Estate Agents has further information as provided by current vendor The Accommodation Comprises:- Front door via telephone security system into: Communal Hall:- Corridor leading to apartment with communal lounge and kitchen and access to rear garden, manager's office, launderette.
Entrance Hall:- Emergency bell-pull, telephone entry security system, airing cupboard with tank and shelves.
Living Room:- (17' 8'' x 11' 2'' (5.38m x 3.40m) Maximum Measurements) Double glazed door with window to side giving access to patio area, coal effect electric fire, wall heater, cupboard housing meters and fuse box, emergency bell-pull, double opening glazed doors giving access to: Kitchen:- (9' x 5' 8'' (2.74m x 1.73m)) Double glazed window to front elevation, base and eye level units with work surfaces, hob with extractor hood over, oven and grill, microwave, space for fridge, fitted freezer, emergency bell-pull, wall heater.
Bedroom:- (15' 6'' x 8' 7'' (4.72m x 2.61m) Maximum Measurements) Double glazed window to front elevation, Dimplex wall heater, mirror fronted sliding doors to wardrobe cupboard, emergency bell-pull.
Shower Room:- (6' 9'' x 5' 7'' (2.06m x 1.70m)) Tiled, shower, close coupled WC with concealed cistern, wash hand basin inset vanity unit, mirror, extractor fan, electric wall heater.
Faregrove Court:- Accessed via security gates with parking for residents, pathway leads to gates which allows pedestrian access to delightful communal gardens with patio area.
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 2 Faregrove Court, Grove Road, Fareham
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