1-bedroom flat · PO16 8PL
Listing removedListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This refurbished ground floor maisonette is offered to the market with no onward chain and benefits from an extended 145-year lease and its own garden and parking.
Enjoying an open aspect overlooking a green, the property is beautifully presented throughout and would make an ideal first-time purchase, downsize or investment opportunity.
The accommodation is accessed via a welcoming entrance porch, leading into a bright and well-proportioned sitting room featuring exposed flooring, a plain plastered ceiling and a double-glazed window to the front elevation, allowing for plenty of natural light.
A useful understairs storage cupboard is neatly incorporated, with a door opening through to an inner lobby.
From here, there is access to the contemporary refitted kitchen, which is finished to a high standard and equipped with built-in cooking appliances, an integrated washing machine, and a fridge freezer which will remain.
The kitchen has an artexed stipple-effect ceiling and offers a sleek yet practical workspace. The bathroom is traditionally styled in white yet modern in design, providing a clean and elegant finish.
The bedroom is a comfortable double, positioned to the rear of the property and benefitting from a double-glazed window overlooking the garden, creating a quiet and restful retreat.
The bedroom also features an artexed stipple-effect ceiling. Additional features include gas central heating via radiators, plain plastered walls throughout, and an external brick-built storage unit.
The garden storage houses the fuse board and benefits from power and a vent, allowing for the use of a tumble dryer.
Externally, the property further benefits from its own garden space and parking, enhancing both convenience and lifestyle appeal.
Early viewing is highly recommended to appreciate the quality and setting on offer.
Leasehold Unexpired Years: 145 Annual Ground Rent: £45 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc Annual Service: £ 0 These details are o be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Additional information Materials used in construction: Brick/Block Have any alterations or improvements been carried out during the current ownership?
Yes, Ask Agent 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.
Fareham is a historic market town, situated on the south coast, made up of several wards, and has recently been highlighted as the second most desirable area to live in the UK!
The Town centre offers plenty of shops and amenities, a bus station, and access to the M27 motorway. There are a number of Secondary schools, and plenty of Primary and Junior schools located all over.
Points of interests would are the Cricket and Hockey clubs, Fareham Shopping Precinct, and Portchester Castle.
The bordering town of Portsmouth also offers transport links, and an array of shopping and dining outlets.
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
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FAQ
About 7, Falcon Close, Fareham
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