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 · PO12 1QG
Listing removedListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* A one-bedroom ground floor retirement apartment situated in a popular location convenient for shops, transport links and amenities.
Offered with no onward chain * The Accommodation Comprises: Communal Entrance Hall With door security system.
Entrance Hall Emergency assistance control panel incorporating door entry facility, coved ceiling, walk-in storage cupboard housing hot water tank and electric meters.
Lounge (15' 5'' x 10' 7'' (4.70m x 3.22m)) Storage heater, emergency assistance pull cord, TV aerial point, UPVC double glazed door to front elevation and window to side elevation, coved ceiling, archway to: Kitchen (5' 5'' x 7' 3'' (1.65m x 2.21m)) Stainless steel sink unit with mixer tap, wall and base units with work surface over, electric cooker (to remain), extractor fan, UPVC double glazed window to side elevation, coved ceiling, tiled walls, space for fridge (fridge to remain).
Bedroom (12' 1'' x 8' 8'' (3.68m x 2.64m)) Built-in double wardrobe with folding doors, UPVC double glazed window to front elevation, electric panel heater, emergency assistance call button and cord, wall light.
Shower Room White suite with shower cubicle, wash hand basin set in vanity unit, low level WC, emergency assistance button and pull cord, extractor fan, tiled walls, electric wall mounted fall heater.
Communal Facilities Communal lounge, laundry room, gardens, secure storage for mobility scooters, guest suites for hire, parking on a first come first serve basis.
Lease Information The Vendor advised at the time of instruction the following leasehold information, all of which should be verified by your solicitor during the conveyancing process: Ground Rent: Approx.
£454 p.a. Service Charge: Approx. £2203 p.a. (includes water, sewage and bldgs insurance) Length of Lease: Approx. 59 years (99 years from 1st September 1985).
General Information Construction: Traditional Water Supply: Portsmouth Water Electric Supply: Mains Gas Supply: Not connected Sewerage: Mains Mobile & Broadband coverage: Flood risk:
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
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FAQ
About 18 Homefort House, 82, Stoke Road, Gosport
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