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 bungalow · PO15 5AB
Sold STCListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION NO FORWARD CHAIN. This older style two bedroom detached bungalow occupies a generous plot and is located within a short distance of Fareham's mainline railway station.
The property requires modernisation throughout and offers excellent potential to alter and extend if required (subject to the necessary permissions being granted).
The accommodation comprises: entrance hall, two double bedrooms, 22' living room, inner hall, bathroom and kitchen.
Outside, there is ample driveway parking to the front, well-maintained and established front and rear gardens, double gates which lead to storage (formerly the garage).
Viewing is highly recommended by the sole agents. ENTRANCE HALL Front door. Loft access. Radiator. BEDROOM ONE Double glazed bay window to the front aspect. Radiator.
BEDROOM TWO Double glazed French doors leading to the rear garden. Airing cupboard. Additional storage cupboard with 'Worcester' boiler. Radiator.
LIVING ROOM Dual aspect with a double glazed bay window to the front aspect. Double glazed window to the side aspect. Two radiators. Gas coal effect fireplace.
INNER HALL Doors to: BATHROOM Double glazed window to the rear aspect. Bath with shower over and screen. Wash hand basin. Concealed low level WC. Heated towel rail. Tiled walls. Tiled flooring.
KITCHEN Double glazed door leading to the side aspect. Double glazed window to the rear aspect. Matching wall and base units with contrasting work tops. Inset sink and half drainer. Tiled splashback.
Four ring gas hob with extractor above. Integrated double oven and fridge. Space for washing machine.
OUTSIDE To the front of the property, there is ample block paved driveway parking, laid to lawn front garden with well-maintained and established hedging and trees.
Double gates leading to additional further parking and to storage. STORAGE (formerly the garage). Double glazed UPVC door. Double glazed window to front and rear aspect. Power and light.
The rear garden has an initial patio area with an outside tap. The majority is laid to lawn with well-established shrubs, borders and trees. Greenhouse. Timber garden shed.
COUNCIL TAX Fareham Borough Council. Tax Band D. Payable 2026/2027. £2,270.55.
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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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
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FAQ
About Gudge Heath Lane, Fareham
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