4-bedroom semi-detached house · PO15 6NX
Let agreedReduced £100 (−5.6%) on 15 OctListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This tidy four bedroom home is ideal for families, with Henry Cort and Orchard Lea schools both within walking distance.
Ground floor: * Hard flooring throughout the ground floor and neutral décor mean less maintenance * Entrance hall leads to the sitting room and dining room, with stairs to the first floor * Good-sized sitting room with fireplace and sliding doors opening onto a private garden * Dining room with access to a ground floor cloakroom – flexible space that also works as a home office or playroom * Modern kitchen with oven and hob, plus space for a dishwasher and tall fridge/freezer * Separate utility cupboard with space for a washing machine * Enclosed storage area off the kitchen, useful for bikes, garden equipment or furniture, with direct access to the garden First floor: * Four bedrooms (three doubles, one single) * Family bathroom Outside: * Gravelled parking area at the front * Private rear garden with patio, lawn and decked seating area Availability: October, subject to contract and references.
Holding Deposit = £438 Security Deposit = £2192 Council Tax Band C (Fareham) £2,018.27 per annum EPC: Currently rated C Affordabillity: You need to be able to prove a household income of a least £57,000 to rent this property.
(there may be circumstances where the landlord will agree to a let to tenants with a lower household income subject to a guarantor or rent being paid in advance).
Click on the link to view: In order to view the property we ask that you complete our registration form.
You will need to click on the appropriate link dependent upon which portal you are looking on (Rightmove: Email Agent or Request Details.
Robinson Reade: Book a viewing On The Market: Request Viewing/information Zoopla: Email) and we will be back in touch to arrange a viewing.
If you have completed a registration form within the last 8 weeks and nothing has changed please still click on the link and confirm this in the comments. Thank you!
Please note that we are using library photos to advertise this property. Robinson Reade's promise to our rental applicants and tenants We will always….
treat our rental applicants and tenants in an honest, respectful, friendly and professional way. ensure that our fees are transparent with no nasty hidden ‘surprises’.
provide timely feedback on any rental offers made. accompany viewings at our rental properties. respond to questions and enquiries quickly and in a patient and professional way.
ensure that maintenance issues for our managed properties are dealt with in a timely manner We will never....
use our key or allow anyone else to use our key to enter a tenant’s property unless we have had explicit instruction to do so.
act outside of the law – all our lettings team members are members of ARLA Propertymark and fully trained in property law as applicable to our industry.
Permitted Tenant Payments Holding deposit per tenancy: One week’s rent. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50K per year): Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy. Security Deposit (per tenancy.
Rent over £50K per year): Six weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost keys/security devices: Tenants are liable for the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s). Variation of contract (tenant’s request): £50 (inc.
VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of sharer (tenant’s request) where agreed with the landlord: £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
For Non Housing Act Tenancies a tenancy set up fee of £500.00 applies. For our fees to Landlord please click here
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
We're still gathering serviced-accommodation data for this area.
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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.
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About 49 Thorni Avenue, Fareham
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