3-bedroom flat · PO13 9DA
Listing removedListed 109 days · slow let
Opportunity summary
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About
SPACIOUS AND ATTRACTIVE THREE BEDROOM FIRST FLOOR FLAT SITUATED ON LEE-ON-THE-SOLENT HIGH STREET WITH ALLOCATED PARKING FOR ONE CAR | EXCELLENT ACCESS TO SHOPS, RESTAURANTS AND BARS WITH THE BEACH ONLY A SHORT STROLL AWAY | GOOD LINKS FOR BUSES AND COMMUTER ROUTES PROPERTY DETAILS EPC RATING: C COUNCIL TAX BAND: B (GOSPORT BOROUGH COUNCIL) TYPE: 1ST FLOOR FLAT CONSTRUCTION: STANDARD ELECTRICITY: MAINS SUPPLY WATER SUPPLY: MAINS SEWERAGE: MAINS HEATING TYPE: GAS CENTRAL HEATING BROADBAND: ULTRAFAST AVAILABLE IN AREA THROUGH TOOB & OPENREACH (DATA SOURCE OFCOM) MOBILE SIGNAL/COVERAGE: EE, O2, VODAFONE LIMITED, THREE, ALL GOOD OUTDOOR (DATA SOURCE OFCOM) PARKING: ALLOCATED PARKING FOR ONE CAR Briefly the accommodation comprises:- o Communal entrance hallway & stairs to flat o Internal hallway to flat o Large lounge/diner with new carpets and patio doors overlooking the rear of the property o Modern kitchen with fitted units, electric oven and hob with space for washing machine and space for fridge/freezer with laminate flooring o Large double bedroom with new carpets o 2 smaller double bedrooms with new carpets o Family bathroom with shower over the bath, shower screen, low level WC and wash hand basin in a vanity unit o The property also benefits from gas central heating and is fully double glazed o One allocated parking space to the rear of the property
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 96 High Street, Lee on the Solent, Fareham, Hampshire, PO13 9DA
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