2-bedroom house · PO12 4QU
Listing removedReduced £10.5k (−4.2%) on 23 JunListed 367 days
Opportunity summary
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About
*A very well presented two double bedroom property benefitting from spacious first floor bathroom, lounge, separate sitting room, extended kitchen/diner, delightful enclosed rear garden, double garage with light and power, situated in a popular location close to shops and schools * The Accommodation Comprises: Entrance Hall Obscured double glazed window and door to front elevation, stairs to First Floor, under-stairs storage cupboard housing utility meters.
Lounge (13' 4'' x 9' 10'' (4.06m x 2.99m)) UPVC double glazed bay window to front elevation, feature fireplace, radiator.
Sitting/Dining Room (14' 5'' x 17' 3'' (4.39m x 5.25m) max) UPVC double glazed window to rear elevation, feature fireplace, radiator, space for table and chairs.
Kitchen/Breakfast Room (11' 6'' x 7' 10'' (3.50m x 2.39m)) UPVC double glazed window to rear elevation, door and glass panel to side elevation, fitted with a range of base cupboards and matching eye level units, built-in extractor hood, space for oven and fridge/freezer, space and plumbing for washing machine, stainless steel sink unit with mixer tap.
First Floor Landing UPVC double glazed window to front elevation.
Bathroom Obscured UPVC double glazed window to rear elevation, storage cupboard housing Ideal boiler, bath with mixer tap, wash hand basin with mixer tap, shower cubicle with shower above, low level WC, laminate flooring, radiator.
Bedroom One (11' 4'' x 9' 9'' (3.45m x 2.97m)) UPVC double glazed window to front elevation, radiator.
Bedroom Two (14' 6'' x 8' 5'' (4.42m x 2.56m)) UPVC double glazed window to rear elevation, radiator. Outside The front garden is enclosed by a fence and gate, with mature shrubs and trees to borders.
The rear garden is a delightful feature of the property and is enclosed by panel fences, mainly laid to lawn with patio and path, mature shrubs and trees to borders, courtesy door to double garage with light and power.
General Information Construction: Traditional Water Supply: Mains Electric Supply: Mains Gas Supply: Mains Sewerage: Mains Mobile & Broadband coverage: Flood risk: Tenure: Freehold Council Tax Band: B
Value & comps
No previous sales on record.
Returns
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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 97, Melville Road, Gosport
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