1-bedroom house · PO16 7SX
Sold STCListed 168 days
Opportunity summary
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About
DRAFT DETAILS AWAITING VENDOR APPROVAL DESCRIPTION NO FORWARD CHAIN. A one bedroom first floor apartment set within this popular town centre retirement development specifically for the over 60's.
The property's accommodation briefly comprises; a communal entrance hall with security entrance system, a lift and stairs to all floors, private front door leading to an entrance hall, there is a lounge with newly laid carpets and overlooks the communal gardens, a separate kitchen with window overlooking the gardens, double bedroom with a built-in wardrobe and a three piece bathroom.
The property benefits from double glazing and is warmed by electric heating.
Acacia Lodge has a house manager, an emergency careline system which is available 24 hours a day, a communal laundry room and buggy store and guest suite subject to availability for a small charge.
There is also non-allocated residents parking. As sole agents we would highly recommend an early inspection.
SECURITY ENTRANCE SYSTEM TO: COMMUNAL ENTRANCE HALL Private front door to: ENTRANCE HALL Cupboard housing 'Gledhill' Pulsa Coil electric boiler.
Doors to: LIVING ROOM Double glazed window to rear elevation overlooking the gardens. Feature fireplace with coal effect electric fire. Night storage heater.
Door to: KITCHEN Double glazed window to rear elevation. Stainless steel single drainer sink unit with cupboard under.
Further range of wall and base level units with roll edge work surfaces over and splashback tiling. Built-in four ring ceramic hob with cooker hood over.
Built-in eye level cooker with cupboards under and over. Recess for under counter fridge and freezer. BEDROOM Double glazed window to rear elevation. Night storage heater. Built-in wardrobes.
BATHROOM Panel enclosed bath with shower unit over and shower screen. Low level close coupled WC. Vanity unit with wash hand basin and storage beneath. Heated towel rail. Extractor fan.
OUTSIDE/COMMUNAL AREAS There is a communal residents lounge with ample seating and a kitchen area, a communal laundry room, on-site house manager, communal gardens, buggy store and non-allocated parking.
LEASE INFORMATION Remainder of 125 year lease from 1st April 2003. Ground rent: £192.50 payable for the period 01/03/2026 - 31/08/2026.
Maintenance/Service Charge: £1,391.09 payable for the period 01/03/2026 - 31/08/2026. COUNCIL TAX Fareham Borough Council. Tax Band B. Payable 2026/2027. £1,765.98.
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.
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