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 work2-bedroom bungalow · PO16 9RU
Sold STCListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION NO FORWARD CHAIN. This extended two bedroom semi-detached bungalow is located within the highly regarded area of Portchester, Fareham.
The property requires some modernisation throughout and comprises: entrance hall, two bedrooms, shower room, 20' living room and 16' kitchen.
Outside, there is driveway parking to the front, shared access leading to the GARAGE, and an enclosed rear garden. Viewing is strongly recommended by the sole agents.
ENTRANCE HALL Composite front door. Loft access. Radiator. Smooth ceiling with inset spotlighting. BEDROOM ONE Double glazed window to the front aspect. Smooth ceiling with inset spotlighting.
Fitted wardrobe. Radiator. BEDROOM TWO Double glazed bow window to the front aspect. Smooth ceiling with inset spotlighting. Radiator. SHOWER ROOM Double glazed window to the side aspect.
Smooth ceiling with inset spotlighting. Suite comprising shower cubicle, wash hand basin and low level WC. Heated towel rail. Part tiled walls. Vinyl flooring.
LIVING ROOM Double glazed patio doors leading to the rear garden. Smooth and coved ceiling with inset spotlighting. Radiator. Opening to the kitchen.
KITCHEN Dual aspect with double glazed window to the rear aspect and two double glazed windows to the side aspect. Smooth and coved ceiling with inset spotlighting.
Matching wall and base units with contrasting work tops. Tiled spashback. Inset sink and drainer. Four ring gas hob with extractor above. Fitted oven/grill.
Freestanding fridge/freezer, washing machine and dishwasher to remain. Radiator. Opening to the living room.
OUTSIDE To the front of the property, there is driveway parking and a shingle front garden with shrubs and plants in pots to remain. Tarmac shared driveway leading to the garage. Outside tap.
DETACHED GARAGE. Up and over garage door. UPVC personal door. Two double glazed windows to the side aspect. Power and light. Wall and base storage units at the back of the garage.
The rear garden has an initial patio area with an outside security light. Side gated pedestrian access leading to the shared access and garage.
The majority of the garden is well-stocked with shrubs, borders, plants and a pond. Timber garden shed. COUNCIL TAX Fareham Borough Council. Tax Band C. Payable 2026/2027. £2,018.27.
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 Marlborough Grove, Portchester
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