2-bedroom flat · PO15 6DQ
Listing removedReduced £6k (−3.1%) on 21 AugListed 157 days
Opportunity summary
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About
No onward chain. Well presented, spacious and modern first floor two double bedroom apartment with allocated parking within easy reach of Fareham train station and local amenities.
Nota Bene Council Tax Band: - Fareham Borough Council. Tax Band B Tenure: - Leasehold.
Maintenance is approximately: £2,168 pa, Ground Rent £82.50pa, 150 year lease from 2007 Property Type: - First Floor Apartment Property Construction: - Traditional Electricity Supply: - Mains, Water Supply: - Mains Sewerage: - Mains, Heating: - Electric Heating Broadband - Unknown.
Average available download speed for this Postcode of 1600MPS: Potential broadband speeds - 115MPS Mobile signal: Available - check here for all networks - Parking: Allocated Parking Flood Risk: - Check at the Environment Agency’s website ( Fenwicks Estate Agents has further information as provided by current vendor The Accommodation Comprises:- Door into communal entrance hall via telephone entry system, stairs to first floor, door with spy glass inset into: Entrance Hall:- Radiator, flat ceiling, storage cupboard housing fuse box and meter, further storage cupboard with hanging rail, door into: Living Room:- (17' 6'' x 15' 4'' (5.33m x 4.67m) Maximum Measurements) Double glazed window to rear elevation, flat ceiling, radiator, smoke detector.
Kitchen:- (8' 9'' x 6' 9'' (2.66m x 2.06m)) Double glazed window to front elevation, flat ceiling, extractor fan, range of base and eye level units with roll top work surfaces, tiled splash-back, one and a half bowl stainless steel sink unit with mixer tap, wall mounted gas central heating boiler concealed within wall unit, space and plumbing for washing machine, space for fridge freezer, integrated Electrolux oven and hob, extractor hood over.
Bedroom 1:- (13' 3'' x 9' 5'' (4.04m x 2.87m) Maximum Measurements) Double glazed window to rear elevation, flat ceiling, radiator.
Bedroom 2:- (10' 10'' x 10' (3.30m x 3.05m)) Double glazed window to front elevation, radiator, flat ceiling.
Bathroom:- (10' 9'' x 6' 2'' (3.27m x 1.88m) Maximum Measurements) Obscured double glazed window to front elevation, flat ceiling, chrome heated towel rail, white suite comprising: Panelled bath with shower over, partly tiled, close coupled WC, wash hand basin inset vanity unit.
Outside:- Allocated parking space, communal gardens, bin storage area. Agent's Note:- This property is leasehold.
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
FAQ
About 66, Sunlight Gardens, Fareham
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