3-bedroom detached house · PO13 8BA
For saleListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the ever-popular Cherque Farm Estate, a detached house offering generous reception space, three double bedrooms, driveway parking and a single garage.
The property has a low maintenance frontage and, on entering, a lovely wide hallway draws you into the heart of the home.
The well-proportioned Sitting Room is dual aspect, filled with light, and centres on a feature fireplace.
The Kitchen/Dining Room is equally generous and has been fitted with ample white high gloss cupboards with a five-ring gas hob, oven and grill; there is a spacious area for dining.
A cloakroom completes the ground floor. Upstairs are three double bedrooms, the principal bedroom is really generous and benefits from fitted wardrobes and an ensuite Shower Room.
There is a further opportunity to convert the loft space into further accommodation, subject to the necessary consents. A Family Bathroom complements the other bedrooms.
The back garden is really pretty with a circular lawn and deck terrace outside the Kitchen with a pond feature and mature vine.
On the far side of the garden is another terrace for entertaining which is flanked by mature shrubs and trees; a door leads into the garage.
The location of this property is superb with Lee-on-the-Solent High Street and the beach just a mile away.
There is a good choice of schooling in the area with Bay House School, Crofton School and Meoncross School all a short drive away.
SUMMARY OF FEATURES: Light and spacious accommodation extending to 968 square feet; Close to the beach; Close to Alver County Park; Good choice of local schooling; Luxury vinyl plank flooring throughout the house; Worcester combi boiler; Kitchen with space American fridge/freezer, washing machine and tumble dryer.
Space for tumble dryer in the Cloakroom; Eaves storage; Part boarded loft with light; Outside tap; Tesla electric charging point; Garage with power and light.
GENERAL INFORMATION TENURE: Freehold; SERVICES: Gas, electricity, water and drainage; LOCAL AUTHORITY: Gosport Borough Council; TAX BAND: E DISTANCES: Lee on Solent High Street amenities - 0.9 miles; Beach - 0.8 miles; Alver Country Park - 0.2 miles; Lee on Solent infant school - 0.6 miles; Lee on Solent Junior School - 1 mile; Kings Academy Bayhouse School - 2.3 miles; Crofton School - 2 miles; Meon Cross School - 3.1 miles; Fareham Train Station - 4.2 miles
Value & comps
No previous sales on record.
Returns
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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 Megson Drive, Lee-On-The-Solent
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