2-bedroom flat · PO17 5GN
For saleReduced £10k (−4.9%) on 20 OctListed 40 days
Opportunity summary
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About
A well-proportioned and well-presented, two-bedroom flat in the village of Knowle.
The property is on the top floor and features a spacious, dual-aspect reception room with attractive flooring and a stylish, semi-open-plan kitchen.
The large main bedroom also benefits from windows on two sides plus there is a second comfortable double bedroom and a bathroom with travertine-style tiles.
Modern double glazing, insulation standards and gas central heating make for a very good energy-efficiency rating.
Pater Court is part of a fairly recent development constructed, in a period style, to compliment the converted, Victorian-era hospital that it surrounds.
The flat comes with use of a parking space or, alternatively, Fareham Railway Station can be reached by bus and provides services to a number of destinations including Portsmouth, Southampton and London Waterloo.
Tenure: Leasehold (125 years from 01/05/2010). Service Charge: £257.96 per month (subject to annual review). Council Tax: Band C, Winchester City Council.
Please Note: This property is currently part-owned by A2Dominion Housing Association but is offered as a 100% open-market sale. Upon completion, the full leasehold title would transfer to the buyer.
This property is offered for sale in the condition seen. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not.
If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
Pets not permitted (except assistance animals). Entrance Hall 15' 5" max. X 6' 10" max. (4.70m x 2.08m) Sitting / Dining Room 18' 1" x 11' 8" min.
(5.51m x 3.56m) Kitchen 8' 5" x 7' 8" (2.57m x 2.34m) Bedroom 1 18' 1" max. X 8' 10" max. (5.51m x 2.69m) Bedroom 2 11' 5" max. X 9' 0" max. (3.48m x 2.74m)
Value & comps
No previous sales on record.
Returns
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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 Flat Seven, Pater Court, Knowle
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