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 work1-bedroom flat · PO12 1GZ
Listing removedListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* 40% shared ownership * A stylish and very well presented modern one bedroom ground floor apartment, ideally situated in the sought-after Clarence Marina development in Gosport, benefitting from no onward chain * A must view to fully appreciate * Also available to purchase full ownership * A Stylish And Very Well-Presented Modern One Bedroom Ground Floor Apartment, Ideally Situated In The Sought-After Clarence Marina Development In Gosport, Benefitting From No Onward Chain.
The Accommodation Comprises: Secure entry system into communal area housing post pigeon holes for apartments, stairs to other floors, corridor leading to: Apartment Entrance Solid front door into: Entrance Hall Electric radiator, utility storage cupboard housing water tank, plumbing and space for washing machine, space for tumble dryer, doors to: Open Plan Lounge/Kitchen/Diner (16' 9'' x 17' 3'' (5.10m x 5.25m) max) Two windows to front elevation, electric radiator, a range of base cupboards and matching eye level units with work surface over, stainless steel sink unit with mixer tap, integrated cooker with hob and hood over, undercounter lighting, integrated fridge/freezer.
Bedroom (10' 7'' x 10' 10'' (3.22m x 3.30m)) Window to front elevation, electric radiator, built-in wardrobe.
Bathroom Bath with shower attachment and glass screen, wash hand basin, low level WC, electric heated towel rail, extractor fan, shaver point.
Outside Allocated parking and additional visitor permit parking, communal courtyard garden, bicycle store, residents electric car charging point.
Vendor Information The following information has been provided by the Vendor but this should be verified by your conveyancer prior to exchange of contracts: Lease: 245 years remaining Monthly Service Charge: £126.21 includes weekly communal cleaning and six monthly grounds maintenance.
Monthly rent based on 40% share £254.63 General Information Construction: Traditional Water Supply: Portsmouth Water Electric Supply: Mains Sewerage: Mains Mobile & Broadband coverage: Flood risk: Tenure: Leasehold Council Tax Band: C
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
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FAQ
About 24 The Bridgehouse, Weevil Lane, Gosport
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