We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · PO5 2RB
Sold STCListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £250,000-260,000***beautifully presented two bedroom home***perfect first home or downsize*** popular central southsea location***large west facing garden*** ***guide price £250,000-260,000*** This lovely two-bedroom home is presented in great condition throughout, having been tastefully redecorated with new flooring and offering a really good balance of comfortable living space, modern touches and a fantastic west-facing garden.
It's an ideal first home or downsize, with nothing to do other than move in and enjoy. To the front of the property is a cosy lounge with a feature fireplace, creating a welcoming space to relax.
Further through the house is a second reception room, currently used as a large dining room, which works really well for entertaining and family meals.
From here, a back door leads directly into the garden. The newly fitted kitchen has been finished in a popular shaker style, with a lovely tiled splashback and integrated oven, hob and extractor hood.
There is also space for additional freestanding appliances, making it a practical space as well as a smart one.
At the rear of the property is the bathroom, which is in good condition and includes a shower over bath, WC and wash hand basin.
Upstairs are two good-sized double bedrooms, with the main bedroom benefiting from a large storage cupboard. The west-facing rear garden is a real highlight.
Larger than usual and beautifully landscaped and maintained, it has a large shed and two separate patio seating areas, giving you the perfect opportunity to follow the sun throughout the day.
It's a great space for entertaining, enjoying summer evenings or simply relaxing outside. The property also benefits from a new boiler installed approximately three years ago.
Located within walking distance of local parks, Albert Road and transport links, the house is ideally placed for enjoying the local area while still being well connected.
A great ready-to-move-into home with a fantastic garden, modern kitchen and two double bedrooms - perfect for a first-time buyer or someone looking to downsize.
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 62, Napier Road, Southsea
Explore nearby
.png){kind=logo}
