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See how verdicts work4-bedroom semi-detached house · PO16 9NE
Sold STCListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this substantial four-bedroom home presents a versatile opportunity for both owner-occupiers and investors alike, with the option to purchase with a tenant in situ currently achieving a gross yield of 4.6%.
The property benefits from west-facing gardens, ample accommodation and a detached pitched-roof workshop, making it particularly appealing for those seeking flexible living or work-from-home space.
The entrance hall provides access to a convenient ground floor shower room and a welcoming sitting room featuring a character fireplace.
From here, the sitting room flows through to the kitchen, which is fitted with a range of units and worktops.
A separate utility room sits alongside a highly practical lean-to utility area, complete with additional worktop space and direct access to the rear garden.
An inner hall provides access to bedrooms two and four, as well as stairs rising to the first floor.
Upstairs, a generous landing leads to the principal bedroom, which is approached via its own dressing room.
The third bedroom is an impressive 20 feet in length, offering excellent flexibility, while a family bathroom completes the first-floor accommodation.
Externally, there is parking to the front, while the rear garden enjoys a sunny westerly aspect, laid mainly to lawn with a brick-built potting shed.
The standout feature is the detached brick-built workshop (18’3” x 15’9”) with power and light, an incredibly flexible space offering multiple potential uses.
ADDITIONAL INFORMATION Materials used in construction: Bricks and mortar wth a timber and tiled roof Have any alterations or improvements been carried out during the current ownership?
Yes, Ask Agent Has there ever been an issue, with Dry Rot, Wet Rot or Damp either during or prior to your ownership? Through an inspection, damp was identified in two places.
Both areas have been professionally treated and certification is available.
For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances. The village of Portchester is steeped in history and is famed for its castle which has origins dating back to the Roman period.
The village is situated at the head of Portsmouth Harbour and its shoreline has impressive views across the harbour towards Spinnaker Tower.
The village is well served by schools including a large shopping centre, public library and pre-schools and has a comprehensive range of facilities at its centre.
A market is still held on Wednesdays between 8.30am and 4.30pm in Portchester's West Street. There is also a railway station which links to Fareham and Portsmouth.
Commuting links are plentiful with good access to the M27 and local rail links.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Merton Avenue, Portchester, Hampshire, PO16
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