1-bedroom house · PO16 7NF
For saleReduced £15k (−9.4%) on 31 JulListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this well presented one bedroom first floor apartment for the over 55's.
Located in the ever sought after Northwood Square development the property is offered with no forward chain and boasts views from the main living space over the adjacent leisure centre playing fields.
This charming property boasts its own private entrance, leading to a staircase that ascends to the first-floor landing.
Inside, the beautifully maintained accommodation features a generously sized lounge/diner with uninterrupted views looking over Fareham Leisure Centre playing fields, a modern fitted bathroom, a well-appointed kitchen, and a spacious double bedroom complete with a built-in wardrobe.
There is also a Walkin storage room via the landing with window. Well-presented throughout, this home truly needs to be seen to be fully appreciated.
On approach there is residents and visitor parking available which then leads to beautifully presented communal gardens.
There is an onsite manager and the property is conveniently located within walking distance of Fareham shopping centre, Fareham Leisure Centre, train station and bus routes.
Lease information Remainder of 99 year lease from 1 January 1986. Ground rent - Nil Service charge - £288.85 pcm
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 Flat 2, Redwood Lodge,, Northwood Square, Hampshire
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