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See how verdicts work2-bedroom semi-detached house · PO7 6BD
Sold STCListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom semi-detached bungalow requiring extensive modernisation and offered with NO ONWARD CHAIN.
Situated in a popular cul-de-sac location, the property accommodation comprises: entrance hall, living room backing onto the sunny aspect rear garden, kitchen, bathroom and two double bedrooms.
Front garden with long driveway to the side leading to a large, covered carport with access to a detached garage/workshop measuring 19ft 5 x 10ft 2.
ENTRANCE HALL Opaque double glazed front door, access to insulated and partially boarded loft space with loft ladder, slatted shelved airing cupboard housing immersion heater, storage heater.
LIVING ROOM Double glazed sliding patio doors to rear garden, chimney breast with tiled hearth and surround, storage heater.
KITCHEN Double glazed window and door to rear garden, vintage Formica wall and base units with worktops over, stainless steel single bowl sink and drainer, electric cooker, washing machine, fridge/freezer.
Larder cupboard housing electric meters, capped mains gas supply pipe, storage heater BEDROOM ONE Double glazed window to front, Dimplex electric heater.
BEDROOM TWO Double glazed window to front, telephone point. BATHROOM Opaque double glazed window to side, panel enclosed bath with mixer-tap shower attachment, pedestal hand basin, close-coupled WC.
FRONT Long driveway to the side, lawned area with flowering shrubs, covered carport area leading to: DETACHED GARAGE / WORKSHOP Double opening doors, window to side, door to rear garden.
REAR GARDEN Enclosed and sunny aspect with concrete patio, lawned areas, planted borders, gated side access to carport. COUNCIL TAX Band C, Havant Borough Council £2062.47 pa (2026/2027).
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

FAQ
About Margaret Close, Waterlooville
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