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See how verdicts work3-bedroom terraced house · PO13 9PN
Sold STCListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 3 bedroomed house currently let at £965 pcm. The accommodation comprises lounge, kitchen/dining room and first floor bathroom. PVCu double glazing and electric heating are installed.
Entrance Hall PVCu double glazed front door and window, 2 storage cupboards, storage heater, stairs to first floor.
Kitchen / Dining Room - 17'9" (5.41m) x 8'5" (2.57m) Single drainer stainless steel sink unit, electric cooker point, plumbing for washing machine, wall and base cupboards, vinyl flooring, space for fridge/freezer, PVCu double glazed window, door to garden, Georgian style glazed door to: Lounge - 14'9" (4.5m) x 11'7" (3.53m) Storage heater, PVCu double glazed window and door, 3 wall lights.
ON THE 1ST FLOOR Landing PVCu double glazed window, storage heater. Bedroom 1 - 11'10" (3.61m) x 11'4" (3.45m) PVCu double glazed window, electric panel heater, double cupboard.
Bedroom 2 - 11'10" (3.61m) x 11'4" (3.45m) Electric panel heater, PVCu double glazed window, built in cupboards.
Bedroom 3 - 8'9" (2.67m) x 8'5" (2.57m) PVCu double glazed window, electric panel heater, cupboard with hot water tank. Bathroom Panelled bath with shower over, pedestal hand basin, extractor fan.
Separate W.C. With low level W.C. OUTSIDE Rear Garden Patio, border and decking. Agents Note Of interest to Buy To Let purchasers.
The current tenant advise us that she has been at the property for 17 year and is currently paying a rent of £965 pcm and would like to continue to rent the property. Tenure Leasehold.
Balance of a 125 year lease from 1st January 1989. Current maintenance charges £1500 per annum, ground rent £0. We understand the residents of Carless Close own a share of the freehold.
These details are provided to the best of our ability from the information provided to us by the owner, but a buyer should check the figures once the official leasehold enquiries from the management company/freeholder are received by their legal advisor as they can be subject to change.
This should be done before exchanging contracts to purchase the property. Services We understand that this property is connected to mains electric, water and sewage. There is no gas to this property.
Agents Note This property is non traditional construction. what3words /// debate.take.allows Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Carless Close, Gosport
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