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 work3-bedroom house · PO16 9FG
Listing removedListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented modern town house built in 2018 by Persimmon Homes in a cul-de-sac within walking distance of local amenities and Wicor Mill Primary School with no chain ahead offering: Three double bedrooms, en-suite to main bedroom, downstairs cloakroom, fitted kitchen/diner, modern first floor bathroom, ample off street parking and a generous low maintenance enclosed rear garden with 19' 8 x 7' 10 cabin/office with power connected.
The Accommodation Comprises:- Part double glazed composite front door into: Entrance Lobby:- (4' 4'' x 3' 7'' (1.32m x 1.09m)) Radiator, wood effect laminate flooring, flat ceiling.
Door to: Lounge:- (11' 11'' x 14' 9'' (3.63m x 4.49m) Maximum Measurements) UPVC double glazed window to front elevation, TV aerial point, under stairs storage cupboard, radiator, wood effect laminate flooring, flat ceiling.
Door to: Inner Lobby:- Return staircase leading to first floor, wood effect laminate flooring, walkway to kitchen, flat ceiling with smoke detector.
Door to: Downstairs Cloakroom:- (5' 0'' x 3' 6'' (1.52m x 1.07m)) Modern white suite comprising close coupled WC, pedestal wash hand basin with mixer tap and tiled splash back, fitted mirror above, wood effect laminate flooring and flat ceiling with extractor.
Kitchen/Diner:- (11' 11'' x 8' 9'' (3.63m x 2.66m) Maximum Measurements) UPVC double glazed window and French doors overlooking and accessing the rear garden, the kitchen is fitted with a range of modern base and eye level soft close units, roll top worksurfaces with matching up stands, one and a half bowl stainless steel sink unit with mixer tap, matching cupboard housing gas central heating boiler, built-in oven with hob above and concealed extractor, space and plumbing for washing machine and slimline dishwasher, recess for tall fridge/freezer, space for table and chairs if required, radiator and flat ceiling.
First Floor Landing:- Return stairs leading to second floor, flat ceiling with smoke detector.
Doors to: Bedroom Two:- (11' 11'' x 10' 7'' (3.63m x 3.22m) Maximum Measurements) UPVC double glazed windows to front elevation, radiator and flat ceiling.
Bedroom Three:- (11' 11'' x 8' 10'' (3.63m x 2.69m) Maximum Measurements) UPVC glazed window to rear elevation overlooking the garden, radiator and flat ceiling.
Bathroom:- (7' 10'' x 5' 8'' (2.39m x 1.73m)) Opaque UPVC double glazed window to side elevation, modern white suite comprising panelled bath with mixer tap and shower attachment, pedestal wash hand basin with mixer tap, close coupled WC, part tiled walls, radiator, flat ceiling and extractor.
Second Floor Landing:- Storage cupboard with further door inside to additional eaves storage, flat ceiling with smoke detector.
Door to: Bedroom One:- (16' 6'' x 8' 5'' (5.03m x 2.56m) Maximum Measurements) UPVC double glazed window to front elevation, access to eaves storage, radiator, flat ceiling.
Door to: En Suite Shower Room:- (11' 1'' x 4' 11'' (3.38m x 1.50m) Maximum Measurements) Double glazed Velux window to rear elevation, modern suite comprising tiled shower cubicle, close coupled WC, pedestal wash hand basin with mixer tap and tiled splash back, radiator, flat and sloping ceiling, access to eaves storage, raised platform with shelving above and extractor.
Outside:- Ample off street parking, front garden laid to lawn with established shrub borders, patio seating area with solar lighting.
Wooden gate leads to: Rear Garden:- A generous size enclosed low maintenance rear garden with a reinforced concrete patio area with space for table and chairs for socialising and entertaining purposes, Astro turf lawn section and cabin/office 19' 8'' x 7' 10'' (5.99m x 2.39m) with double glazed windows and power and light connected.
Agents Note:- An estate management fee is payable on this property and details are available on request.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 21, Southfields, Fareham
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