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See how verdicts work2-bedroom bungalow · SO31 1AA
Sold STCListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
VIEWING INSTRUCTIONS: STRICTLY BY APPOINTMENT ONLY. It is essential to view the drone video footage available on the Selling Agent's website prior to visiting the Property.
VIDEO DRONE FOOTAGE: See the Selling Agent's website for further details, photographs and drone video footage is available showing the whole Property. LOCATION: SO31 1AA.
The Property identified with a circle on Location Plan 1 and an arrow on Location Plan 2. DIRECTIONS: What3Words: Enter Blundell Lane, from Dodwell Lane. Proceed up the hill and after approx.
150m at the brow turn left into a gravel access track identified by the black arrow on the Site Plan. See Photographs.
Proceed along the gravel track and the Bungalow is on the right hand side after approx. 50m. Enter Blundell Lane from the A27 at the railway bridge close to the River Hamble.
Proceed along Blundell Lane for approx. 2/3 mile and past "Foulkes Riverside Boatyard" and passing over the M27.
At the brow of the hill turn right into a gravel access track (as identified by the black arrow on the Site Plan) and the Bungalow is on the right hand side after approx. 50m.
BUNGALOW: Accommodation extending to approx. 379ft2. See Floor Plan. Constructed of brick. Attached to neighbouring residential property with mono-pitched tiled roof (2018).
The Bungalow has vaulted ceilings. Double glazing (2011). PARKING: There is currently parking on the Property for one vehicle. There is the potential for additional spaces to be made on the Property.
GARDEN: Secluded and bounded by a brick wall and mature hedge. Level Lawn, Patio, Timber Shed. Oil Tank (2024). ACCESSIBILITY: Level site. Level access into the Bungalow.
LAND REGISTRY: See Land Registry Plan and Register (Title HP734785) available on Selling Agent's website. The extent of the Property is outlined red on the Land Registry Register.
SERVICES: Electric and Mains Water. Oil Fired Combi-Boiler (2017). Mains Drainage. Telephone line connected. (Mains Gas is available in Blundell Lane).
PROPOSED NEW WATER METER - The current arrangement utilises a sub-meter from a mains supply and a neighbouring landowner charges for the water consumed.
The Vendor proposes that the Property should have its own meter (from Southern Water so that a Purchaser shall then be billed direct) and is currently in the process to arrange this work.
The current supply of water will continue meanwhile. ACCESS: The Property benefits from a shared Right of Way for access and turning over a gravel track off Blundell Lane for approx.
75m as shown as hatched black on the Site Plan. Strictly no obstructing or parking on the access.
COUNCIL TAX: Property Band 2025/2026 = A - £1,475.52 per annum LOCAL AUTHORITY: Eastleigh Borough Council, Eastleigh House, Upper Market Street, Eastleigh SO50 9YN.
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.
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FAQ
About The Bungalow, Blundell Lane, Bursledon SO31 1AA
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