2-bedroom flat · PO14 1TD
Sold STCListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to bring to the market this well-presented apartment located within a popular development. The property features two double bedrooms, a balcony and secure underground parking.
An internal viewing is highly recommended. Upon entering, you’re welcomed by an entrance hallway with storage area.
The accommodation features a spacious lounge/dining room with a door opening onto a Westerly-facing balcony. Adjacent to the living area is a fitted separate kitchen.
The property also offers two double bedrooms and a modern bathroom. The building benefits from well-kept communal gardens and secure underground parking.
The underground car park has a coded entry system and electric garage door. The property itself benefits from one allocated space.
There is also a security entry system allowing access to the communal hallways leading to the apartment.
Lease information: 141 years remaining £611.85 per six months (to include any ground rent payable).
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 Cleveland Drive, Fareham, Hampshire, PO14
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