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See how verdicts work5-bedroom house · PO8 0DE
Listing removedReduced £25k (−4.2%) on 21 JunListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Price guide *£600,000-£625,000* A spacious five bedroom detached property situated in the highly requested location of Horndean with just under 2000sq ft of internal space.
The home benefits from gas central heating, double glazing, a study, cloakroom, kitchen/diner with separate utility room, lounge, family bathroom and a dressing area with en-suite to the master bedroom.
Viewing is highly recommended.
The ground floor comprises a welcoming hallway with stairs to the first floor and under stair storage, study, cloakroom, generous lounge with bay window and French doors to the garden, fitted kitchen with integrated appliances open plan with the dining area with French doors to the garden and a utility room with side access to the driveway.
To the first floor are five bedrooms, including a master bedroom with dressing area and en-suite bathroom. There is also a family bathroom and additional storage from the landing.
Externally, the property offers a driveway providing off road parking leading to a garage.
The rear garden is mainly laid to lawn with scattered shrubs and a large composite decking area spanning across the rear elevation.
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
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FAQ
About 31, Letcombe Place, Waterlooville
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