3-bedroom house · PO14 2BY
Sold STCListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN AHEAD.......A very well presented extended three bedroom detached bungalow situated in a popular residential location close to the beach and well located for the village.
The property offers versatile accommodation with both family shower room and guest shower room facilities, lounge open to large dining room, re-fitted kitchen, detached garage complimented by carport parking behind secure gates.
With a beautiful low maintenance landscaped garden this bungalow really does warrant an early internal inspection.
Front Door - Into: Entrance Hallway - Skimmed coved ceiling, access to boiler cupboard housing Vaillant boiler, radiator.
Doors to: Lounge - 4.26 x 3.19 (13'11" x 10'5") - Skimmed coved ceiling, radiator.
Open to: Dining Room - 3.26 x 3.06 (10'8" x 10'0") - Skimmed coved ceiling, window to side elevation, patio doors to garden, radiator.
Kitchen - 4.52 x 2.72 (14'9" x 8'11") - Skimmed ceiling, window to rear elevation, door to side access, re-fitted range of wall and base units with work surface over, inset 1 1/2 bowl sink with mixer taps, built in oven, microwave oven, fridge and freezer, hob with canopy hood over, plumbing for washing machine, radiator.
Access to roof void via drop down wooden bi-fold ladder, the loft is fully boarded with power and light and Velux style window and measures 3.08x2.86.
The current and previous owners have used this area as a study, however it must be noted this is a loft and not a formal room.
Bedroom 1 - 3.51 x 3.19 (11'6" x 10'5") - Textured coved ceiling, window to front elevation, radiator. Inner Lobby - (From Lounge) Textured coved ceiling, window to side elevation.
Doors to: Guest Bedroom - 3.48 x 2.30 (11'5" x 7'6") - Textured ceiling, window to front elevation, radiator.
Shower Room - 2.22 x 1.53 mean (7'3" x 5'0" mean) - Textured coved ceiling, window to rear elevation, extractor fan, suite comprising shower cubicle, pedestal wash basin, W.C, radiator.
Bedroom 3 - 2.74 x 2.59 (8'11" x 8'5") - Window to front elevation, radiator.
Family Shower Room - 1.76 x 1.57 (5'9" x 5'1") - Skimmed coved ceiling, window to side elevation, suite comprising walk in shower cubicle, wall mounted 1/2 pedestal wash basin, W.C, Aqua style wall panelling, heated towel rail.
Outside - Driveway - Offering off road parking, double vehicular access gates. Leading to: Carport - A covered carport with parking for 1 or 2 cars.
Leading to: Garage - Up and over door, power and light.
Rear Garden - A fully enclosed rear garden with areas laid to lawn and patio, space for garden shed and greenhouse, outside P.I.R security lights.
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
Agent & docs
FAQ
About Old Farm Lane, Stubbington, Fareham
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