1-bedroom house · PO16 7LX
Sold STCListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION NO FORWARD CHAIN.
A rare opportunity to purchase a spacious one bedroom retirement apartment situated on the first floor of an impressive Grade II listed house, with the benefit of an EXTENDED LEASE and re-furbished sash windows throughout.
The property, which is accessed through a communal entrance hall, briefly consists of a private hallway leading to all rooms, a 22'10 dual aspect sitting room with feature fireplace, double bedroom, bathroom and fitted kitchen.
The property is warmed by gas central heating.
Northwood Square is a popular retirement development specifically for the over 55's and has an on site house manager and well-maintained communal gardens. An early inspection is highly recommended.
COMMUNAL ENTRANCE HALL With security entrance system. Staircase to first floor and private door to: ENTRANCE HALL Entry phone system and 'Tunstall' pull cord alarm. Radiator.
Built in storage cupboard and airing cupboard housing hot water cylinder with shelving. Doors to all rooms. SITTING ROOM Sash window to side and rear elevation overlooking the communal gardens.
Chimney breast with feature marble fireplace. Two radiators. Deep skirting boards. High ceiling with coving. KITCHEN Window to side elevation.
Kitchen comprising one and a half bowl stainless steel single drainer sink unit with cupboard under. Further range of wall and base level units with roll edge work surfaces over.
Built in four ring gas hob with glass splashback. Electric oven under and cooker hood over. Built in and concealed fridge and freezer. Plumbing for washing machine.
Wall mounted 'Vaillant' boiler and wall mounted central heating controls. BEDROOM Sash window to rear elevation. Radiator. Coved and skimmed ceiling.
BATHROOM Sash window to rear elevation with obscure glass. Panel enclosed bath with shower unit over and shower screen. Vanity unit with wash hand basin and storage drawers beneath.
Low level close coupled WC. Radiator. Electric shaver point. Part tiled walls.
OUTSIDE Northwood House sits centrally within Northwood Square and has communal gardens surrounding the house with numerous seating areas.
There is residents' parking, a drying room for laundry and a guest suite, which is available for residents' guests subject to availability.
The property has its own charging point for a mobility scooter. AGENTS NOTE Please be aware the photos were taken when the property was vacant.
LEASE INFORMATION The remainder of an extended 189 year lease from 1st January 1986. Maintenance/Service Charge: £288.85 per month. Ground Rent: Nil. COUNCIL TAX Fareham Borough Council. Tax Band B.
Payable 2025/2026. £1,683.54.
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 advisors 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
FAQ
About Northwood Square, Fareham
Explore nearby