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See how verdicts work3-bedroom terraced house · SO50 6JJ
Listing removedListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented throughout, this spacious three-bedroom end of terrace home is offered to the market as a shared ownership resale with a 75% share available, based on a RICS valuation of £350,000.
Situated within a highly regarded modern development in the sought-after area of Bishopstoke, the property offers stylish and well balanced accommodation, ideal for first-time buyers, growing families or those seeking a peaceful yet well connected location.
The property is approached via a neat pathway with two allocated, side by side, parking spaces positioned to the front of the home.
Inside, the welcoming entrance hall provides space for coats and shoes, stairs rising to the first floor and access to the downstairs cloakroom fitted with a WC and wash hand basin.
The heart of the home is the spacious open plan living and dining area, creating a fantastic social space with ample room for both lounge and dining furniture.
French doors open directly onto the rear garden, allowing plenty of natural light to flood the room and providing an easy connection between indoor and outdoor living.
A generous under stairs storage cupboard adds further practicality.
Positioned to the front of the property is the modern fitted kitchen, finished with contemporary taupe wall and base units complemented by stylish work surfaces.
Integrated appliances include an oven, gas hob with extractor, fridge/freezer, dishwasher and washing machine. Upstairs, the property offers three well proportioned bedrooms.
The principal bedroom benefits from built in wardrobes and a modern en-suite shower room featuring a double width shower, wall mounted basin and WC.
Bedrooms two is a further double bedroom and bedroom three a good proportioned single or large office space; both overlook the rear garden.
The family bathroom is fitted with a modern white suite comprising a shower over bath, wash hand basin and WC, finished with stylish tiling. The landing also provides access to the loft.
Externally, the rear garden has been thoughtfully landscaped to provide an attractive and low maintenance outdoor space, featuring a paved seating area, Astroturf lawn and garden shed.
There is a fitted awning giving shade during the summer months. Gated side access and a good degree of privacy make it ideal for relaxing or entertaining.
Further benefits include the remaining NHBC warranty. Location Bow Lake Gardens is a modern and family-friendly development set within a peaceful corner of Old Bishopstoke.
The area is particularly popular with families thanks to its excellent local schooling, nearby green spaces and strong sense of community.
Residents can enjoy easy access to the River Itchen, Stoke Park Woods and nearby nature reserves, offering fantastic opportunities for walking, cycling and outdoor recreation.
Eastleigh town centre is just a short drive away, providing a wide range of shops, supermarkets, cafés and a mainline railway station with direct links to Southampton, Winchester and London Waterloo.
The M27 and M3 are also easily accessible, making this an excellent location for commuters.
Rent £274.93 PM Lease Management Fee £27.41PM Buildings Insurance £16.31PM Gateway Management Company £30 PM Leashold 116 Years (125 years original lease) Early viewing of this property is highly recommended.
Key criteria are: y Buyers must be at least 18 years old y Buyers must have a total household income under £80,000 (£90,000 in London) y Buyers must meet the Homes England affordability and sustainability assessments (see the Homes England calculator guidance for further information) y Buyers are expected to use any savings and assets towards the purchase of their home.
This may mean selling assets such as bonds, shares, land and any other financial investments.
y Buyers in receipt of benefits are eligible for shared ownership provided they meet the Homes England affordability assessment (not all benefits are eligible) y Self-employed buyers must be able to provide 2-years evidence of their income 6 Resales Guide for Estate Agents y Buyers must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator y Shared owners must be first time buyers or do not own another property in the UK or any other country or have a memorandum of sale for their existing property.
y Buyers must have good credit history and must not have the following (for more information on acceptable credit for Home Reach please refer to the credit policy): � A mortgage or rent arrears � Other bad debts � County Court Judgements y Buyers must have a minimum 5% deposit towards the share they are purchasing y Buyers may retain a portion of their savings to cover the costs of purchase and moving home (typically up to £5,000).
This may include: � Legal fees � Stamp Duty Land Tax where applicable � Mortgage application fees � Valuation fees and any associated moving costs
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
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FAQ
About Judges Gully Close, Bishopstoke, SO50
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