3-bedroom bungalow · PO16 8DE
For saleReduced £25k (−5.3%) on 1 OctListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this well presented three bedroom semi-detached chalet style bungalow.
Located in the sought after area of Portchester and boasting a larger than average corner plot, 2 bathrooms, garage, 2 driveways plus a modern re-fitted kitchen an early viewing is highly recommended.
On approach you enter the property through a composite double glazed door stepping into the main entrance hallway with doors to principal rooms.
The ground floor accommodation benefits from under floor heating and consists of a double bedroom to the front aspect currently being used as an office, a modern fitted shower room, a modern re-fitted kitchen with integrated appliances and breakfast bar.
Adjacent there is a generous open plan lounge/diner with an oak an glass stair case leading to the first floor landing and a conservatory to the rear.
On the first floor the landing leads to two further bedrooms one of which benefits from built storage and a stunning modern en-suite bathroom.
The whole property is well presented throughout and must be viewed to be fully appreciated.
Outside The property itself is set back from the road and occupies a larger than average wrap around corner plot. To the front aspect a new dropped kerb leads to a gravel laid driveway.
A further dropped kerb leads to a second driveway to the side which then leads to a garage with up and over door, lighting and power.
The garden is surrounded with wooden fence and walled boundaries with a paved patio adjacent to the property.
The remainder of the garden is predominantly laid to lawn with a paved pathway leading to rear gated access and a further hardstanding to the rear of the garage. EPC completed prior to refurbishment
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 36, Richmond Rise, Hampshire
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