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 flat · PO13 8JZ
Listing removedListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* An exciting opportunity to purchase this ground floor apartment situated in a delightful area of Lee on the Solent with its own garden and offered for sale with no forward chain * An Exciting Opportunity To Purchase This Ground Floor Apartment Situated In A Delightful Area Of Lee On The Solent With Its Own Garden And Offered For Sale With No Forward Chain The Accommodation Comprises: UPVC door into: Porch Obscured double glazed window to side elevation, consumer unit, door into: Lounge (11' 9'' x 11' 2'' (3.58m x 3.40m)) UPVC double glazed window to front elevation, radiator Kitchen (19' 4'' x 5' 6'' (5.89m x 1.68m)) Tiled flooring, stainless steel sink with drainer and mixer tap, space for dishwasher, integrated oven with gas hob, integrated washing machine Inner Hall Storage cupboard, radiator.
Bedroom Area/Sitting Area (11' 10'' x 9' 2'' (3.60m x 2.79m)) Built in storage, radiator.
Shower Room (8' 3'' x 5' 11'' (2.51m x 1.80m)) Close coupled WC, vanity wash hand basin with storage, vertical radiator, extractor fan, electric shower connection, wet room facilities.
Dining Room/Secondary Lounge (14' 10'' x 9' 2'' (4.52m x 2.79m)) UPVC double glazed window and door to rear elevation leading out to garden, tiled flooring, boiler, radiator.
Outside To the front access to flat via own front door with a small garden area for pots and shrubs.
In front of the flat is open green space perfect for dogs or children to play whilst allowing you access to walk to the seafront or high street.
To the rear your own garden providing a patio area, shed, small areas of artificial lawn and rear gated access to allocated parking.
General Information Construction - Traditional Water Supply – Portsmouth Water Electric Supply – Mains Gas Supply - Mains Sewerage - Mains Mobile & Broadband coverage - Please check via: Flood risk - Please check via: Agents Note The vendor informs us at the time of instruction of the following lease information.
We would however suggest this information is verified by your legal representative before exchange of contracts. Lease tbc Ground Rent: Tbc Service Charge: N/A Council Tax Band B
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 17, Deane Gardens, Lee-On-The-Solent
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