2-bedroom terraced house · PO13 9GQ
For saleReduced £5k (−1.6%) on 21 JunListed 706 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* A smart two double bedroom home situated close to the seafront at Lee on the Solent and offered for sale with no forward chain.
The property boasts a kitchen/dining room and en-suite shower room to the master bedroom. * The Accommodation Comprises Entrance Hall Stairs to first floor, under stairs storage cupboard.
Kitchen/Dining Room (17' 3'' x 8' 7'' (5.25m x 2.61m)) Double glazed windows to front elevation, fitted with a modern range of base cupboards and matching eye level units, sink unit, integrated appliances including electric oven, gas hob, fridge freezer, washing machine and dishwasher, cupboard housing boiler, space for table and chairs.
Lounge (16' 6'' x 8' 9'' (5.03m x 2.66m)) Double glazed window and double opening doors onto rear garden. Cloakroom Close coupled WC, wash hand basin. First Floor Landing Storage cupboard.
Bedroom One (16' 5'' x 9' 8'' (5.00m x 2.94m) maximum measurements) Two double glazed windows to rear elevation, door to: En Suite Obscured double glazed window to side elevation, close coupled WC, pedestal wash hand basin, double shower cubicle with mains shower.
Bedroom Two (11' 0'' x 9' 0'' (3.35m x 2.74m)) Double glazed window to front elevation.
Bathroom Obscured double glazed window to front elevation, close coupled WC, pedestal wash hand basin, panelled bath with shower over and glass shower screen.
Outside The rear garden is enclosed by fencing, laid to artificial lawn with patio area, side pedestrian access and two allocated parking spaces Agents Note The vendor informs us at the time of instruction of the following information.
We would however suggest this information is verified by your legal representative before exchange of contracts. Estate Management Charge: Approx.
£168 per annum General Information Construction - Traditional Water Supply - Portsmouth Water Electric Supply - tbc Sewerage - Mains sewerage Mobile & Broadband coverage - Please check via: Flood risk - Please check via:
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 15, Ocean Road, Lee-On-The-Solent
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