1-bedroom flat · PO14 1SY
Listing removedListed 384 days
Opportunity summary
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About
This is a one bedroom first floor apartment with garage conveniently situated enjoying a cul-de sac location yet within easy reach of Fareham town centre/train station, communal gardens and recently extended lease.
Material Information Council Tax Band: - Fareham Borough Council.
Tax Band A Tenure: - Leasehold: Lease 166 years remaining; Service Charge £2112 per annum includes Building Insurance; Ground Rent = £0.
Property Type: - First Floor Apartment Property Construction: - Traditional Electricity Supply: - Mains Gas Supply: - Mains Water Supply: - Mains Sewerage: - Mains Heating: - Central Heating Broadband - Broadband connection to the property is unknown.
Average available download speed for this Postcode of 1800Mbps: Please check here for potential broadband speeds - Mobile signal: Unknown. Current black spots - Unknown.
Please check here for all networks - Parking: Garage Flood Risk: - Please check flood risk data at the Environment Agency’s website ( Fenwicks Estate Agent has further information as provided by current vendor The Accommodation Comprises:- Communal entrance hall with stairs to first floor, front door into: Entrance Hall:- Coving to flat ceiling, radiator, storage cupboard with shelves and cloak hanging space.
Door into: Lounge:- (12' 2'' x 11' 8'' (3.71m x 3.55m)) Dual aspect with double glazed windows to rear and side elevations, double radiator, coving to flat ceiling, serving hatch from kitchen.
Kitchen:- (11' 7'' x 6' 6'' (3.53m x 1.98m) Maximum Measurements) Double glazed window to rear elevation, coving to flat ceiling, range of base and eye level units with roll top work surfaces, one and a half bowl stainless steel sink unit with mixer tap, space and plumbing for washing machine, space for fridge freezer, integrated oven with hob and extractor hood over, tiled splash-back, wall mounted Worcester gas central heating boiler.
Bedroom:- (10' 8'' x 9' (3.25m x 2.74m)) Double glazed window to side elevation, coving to flat ceiling, radiator, cloak hanging and storage space with rail and curtains.
Bathroom:- (7' 6'' x 6' 1'' (2.28m x 1.85m)) Coving to flat ceiling, radiator, extractor fan, white suite comprising: Close coupled WC, pedestal wash hand basin, panelled bath with shower attachment, rail and curtain.
Outside:- Garage in block nearby, communal gardens, washing line area, wooden gate giving pedestrian access to The Avenue (A27) from communal grounds. Agent's Note:- This property is leasehold.
Value & comps
No previous sales on record.
Returns
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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 24, Justin Close, Fareham
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