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 work1-bedroom house · PO16 7US
For saleReduced £20k (−16.7%) on 16 JulListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain. Well presented retirement apartment with excellent communal facilities, parking and enjoying a town centre location. Nota Bene Council Tax Band: - Fareham Borough Council.
Tax Band B Tenure: - Leasehold.
Maintenance: £2,680 pa, Ground Rent £617pa, Years Remaining - 97 Property Type: - Second Floor Retirement Apartment Property Construction: - Traditional Electricity Supply: - Mains, Water Supply: - Mains, Included in the Maintenance Charge Sewerage: - Mains, Included in the Maintenance Charge Heating: - Electric Heating Broadband - Unknown.
Average available download speed for this Postcode of 21MPS: Potential broadband speeds - 80MPS Mobile signal: Available - check here for all networks - Parking: Unallocated Parking Flood Risk: - Check at the Environment Agency’s website ( Fenwicks Estate Agents has further information as provided by current vendor.
The Accommodation Comprises:- Front door into: Entrance Hall:- Smoke detector, emergency bell-pull, deep airing cupboard with cylinder tank, door into: Lounge/Dining Room:- (19' 9'' x 10' 8'' (6.02m x 3.25m)) Double glazed window to rear, emergency bell-pull, wall mounted electric heater, door to: Kitchen:- (7' 9'' x 7' 7'' (2.36m x 2.31m)) Double glazed window to rear elevation, range of base and eye level units with roll top work surfaces, single bowl stainless steel sink unit, oven, hob and extractor hood over, space for fridge.
Bedroom:- (15' 8'' x 9' 2'' (4.77m x 2.79m) Maximum Measurements) Double glazed window to rear elevation, electric wall heater, emergency bell-pull, mirror fronted sliding doors to wardrobe unit.
Shower Room:- (6' 9'' x 5' 5'' (2.06m x 1.65m)) Close coupled WC, shower, wash hand basin, inset vanity unit, extractor fan, tiled, light and shaver socket.
Moresby Court:- Parking for resident, communal gardens, guest suite (subject to availability), on-site manager, communal lounge and kitchen.
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 52, Moresby Court, Westbury Road, Fareham
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