2-bedroom house · PO16 7RU
For saleListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION A purpose built two bedroom second floor retirement flat specifically for the over 60's.
The property is located within a popular development just a short walk from Sainsbury's Supermarket and within easy access to Fareham town centre.
The accommodation briefly comprises; communal entrance hall with security entrance system, staircase and lift to all floors, a private front door leads to an entrance hall, living room, kitchen with window, two bedrooms and refitted shower room.
Tiverton Court has an on-site house manager, non-allocated parking, communal lounge and laundry room. As sole agents, we would highly recommend an early inspection.
SECURITY ENTRANCE SYSTEM TO COMMUNAL ENTRANCE HALL With lift and stairs to all floors. PRIVATE FRONT DOOR Leading to: ENTRANCE HALL Night storage heater. Large storage cupboard.
Airing cupboard housing hot water cylinder. Doors to: LIVING ROOM Double glazed bay window to front elevation. Wall lights. Feature fireplace with log effect electric fire.
Opening to: KITCHEN Double glazed window to front 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 splash back tiling. Built-in four ring ceramic hob with cooker hood over and electric oven beneath.
Built-in fridge/freezer. SHOWER ROOM Corner shower cubicle with wall mounted electric shower unit. Low level close coupled WC. Vanity unit with wash hand basin and storage beneath.
Fitted bathroom cabinet. Extractor fan. Tiled floor with electric under floor heating. Coved and textured ceiling. BEDROOM ONE Double glazed bay window to front elevation. Built-in wardrobe.
Electric panel heater. Coved and textured ceiling. BEDROOM TWO Double glazed bay window to front elevation. Electric panel heater. Coved and textured ceiling.
COMMUNAL AREAS Tiverton Court has a communal lounge with kitchen area and communal laundry room. There are attractive communal gardens to the front and rear and non-allocated residents' parking.
LEASE INFORMATION Remainder of a 99 year lease from 1st July 1989 (62 years remaining). Maintenance/Service Charge: £460.80 per calendar month (£5,529.60 for the period 01/04/2026 to 31/03/2027).
Ground Rent: Peppercorn. 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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