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 house · PO13 9GH
Listing removedListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*A superb opportunity to purchase this stunning one bedroom home ideally located close to the seafront at Lee on the Solent.
The property beautifully presented and benefits from an enclosed rear garden along with off road parking.
No forward chain.* The Accommodation Comprises Composite glazed front door to: Entrance Hall Radiator, consumer unit to wall. Open Plan Lounge/Dining Room (13' 6'' x 10' 1'' (4.11m x 3.07m) (max.
Meas)) UPVC double glazed windows to side and rear elevations, UPVC double glazed double opening doors to rear garden, under stairs storage cupboard, stairs to first floor, radiator.
Open Plan Kitchen (10' 1'' x 8' 0'' (3.07m x 2.44m)) UPVC double glazed window to front elevation, fitted with a modern range of base cupboards and matching eye level units, roll top worksurface, integrated electric oven, gas hob with extractor fan over, single drainer stainless steel sink unit with mixer tap, cupboard housing boiler, recess and plumbing for washing machine and dishwasher, space for fridge/freezer, two radiators, stairs to first floor.
Cloakroom (4' 10'' x 3' 7'' (1.47m x 1.09m)) Close coupled WC, pedestal wash hand basin, ladder style radiator, inset spotlighting. First Floor Landing Access to loft space.
Bedroom (16' 6'' x 11' 4'' (5.03m x 3.45m) (max. Meas)) UPVC double glazed windows to front and side elevations, radiators.
Bathroom (9' 4'' x 6' 10'' (2.84m x 2.08m)) Skylight, close coupled WC, pedestal wash hand basin, panelled bath with mixer tap and main shower, ladder style radiator.
Outside The rear garden is enclosed by wood panelled fencing, side pedestrian access, laid to paving and artificial grass, storage shed.
To the front of the property there is a further garden and driveway.
General Information Construction - Traditional Water Supply - Water meter, Portsmouth Water Electric Supply - eon Next Sewerage - Mains sewerage Mobile & Broadband coverage - Please check via: Flood risk - Please check via: Agents Note This is property is available full share and at 50% share.
Full share £260,000 or 50% share £130,000, please note the below charges provided to us by Abri Homes.
Rent, Service charge, Insurance charge & Management charge: £327.19 per month for 50% ownership.
As per the terms of the lease, any prospective purchaser will need to be assessed by Abri Homes before agreeing the sale.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2, Implacable Road, Lee-On-The-Solent
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