3-bedroom house · PO19 3QJ
Under offerReduced £10k (−2.6%) on 24 MayListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached bungalow constructed in the 1960s. It sits centrally within a good plot and the village railway halt is behind overlooking the garden.
It is in a cul de sac of mainly similar properties, in the popular village of Fishbourne which lies some two miles to the west of the city centre.
There is tremendous potential for improvement and extension, subject to obtaining the necessary planning and building regulatory consents.
The accommodation consists of an entrance lobby, inner hallway, three bedrooms (two double and one single) and a sitting room at the front.
The bathroom has been converted to a part wet room with a disability shower. The kitchen is dated but there is a modern gas fired boiler serving the central heating and hot water systems.
A door from the kitchen opens to a large sunroom/utility area and a door from there opens to the enclosed sideway between the property and the garage.
The windows are UPVC double glazed units but are now at the stage where they may require replacing. The property may also require rewiring.
To the front of the property there is off-road parking and a garden bounded by low walling.
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 Bourne Close, Fishbourne
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