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 work3-bedroom bungalow · PO16 8HU
Sold STCListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extended chalet style home on the popular Portchester hill slopes with flexible living accommodation and views towards Portsmouth Harbour offering: Three bedrooms, entrance hallway, 24' lounge with dining area, fitted kitchen, bedroom three/study, ground floor bathroom, off street parking leading to the detached garage/workshop and an established South facing enclosed rear garden.
The Accommodation Comprises:- Covered entrance with part double glazed composite front door to: Entrance Hall:- Radiator, textured ceiling.
Wooden doors to: Lounge/Dining Area:- Lounge:- (14' 3'' x 11' 3'' (4.34m x 3.43m)) UPVC double glazed sliding patio door to conservatory, feature brick chimney breast with coal effect gas fire inset and tiled hearth, TV aerial point, textured ceiling, door to the kitchen.
Walkway to: Dining Area:- (10' 9'' Plus Bay x 10' 4'' (3.27m x 3.15m)) UPVC double glazed lead light half bay window to front elevation, stairs leading to the first floor, radiator, parquet wooden flooring, gas heater, space for a table and chairs if required and textured ceiling.
Kitchen:- (9' 4'' x 8' 8'' (2.84m x 2.64m)) UPVC double glazed window to the side elevation, the kitchen is fitted with a range of base and eye level units with roll top work surfaces, single bowl single drainer sink unit inset with a mixer tap and part tiled walls, built-in oven and hob, integrated fridge/freezer, space and plumbing for washing machine, built-in larder/storage cupboard, radiator, wood effect laminate floor, textured ceiling.
UPVC part double glazed door accessing the garden.
Conservatory:- (15' 4'' x 9' 5'' (4.67m x 2.87m) Maximum Measurements) UPVC double glazed windows and double doors overlooking and accessing the garden and tiled flooring.
Bedroom Three/Study:- (9' 4'' x 8' 9'' (2.84m x 2.66m) Maximum Measurements) UPVC double glazed lead light window to front elevation, radiator, built-in storage cupboard and flat ceiling.
Bathroom:- (9' 0'' x 6' 0'' (2.74m x 1.83m) Maximum Measurements) Opaque UPVC double glazed lead light window to side elevation, white suite comprising panelled bath with mixer tap and shower attachment, close coupled WC, pedestal wash hand basin, part tiled walls, radiator and flat ceiling with extractor.
First Floor Landing:- Sloping textured ceiling and doors to: Bedroom One:- (16' 5'' x 6' 6'' Plus Window Recess (5.00m x 1.98m)) UPVC double glazed lead light window to rear elevation with views towards Portchester Castle and Portsmouth Harbour, flat/sloping textured ceiling.
Bedroom Two:- (14' 9'' x 6' 4'' Plus Window Recess (4.49m x 1.93m)) UPVC double glazed lead light window to front elevation with views towards Portsdown Hill and flat/sloping textured ceiling.
Outside:- To the front of the property there is an enclosed garden laid to lawn with flower/shrub beds inset and brick retaining wall.
Side pedestrian/vehicular access leads to double opening wooden gates allowing off street parking and access to the garage/workshop with main door, side courtesy door and power connected.
Rear Garden:- The enclosed south facing garden is laid mainly to lawn with raised flower beds and shrub borders, water tap, fruit tree, wooden shed to remain and outside brick built storage cupboard.
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
FAQ
About 10, Portobello Grove, Fareham
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