1-bedroom flat · PO7 8LP
Listing removedListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An ideal first time or investment purchase with private southerly aspect rear garden. A one bedroom ground floor flat located in a popular Tempest cul-de-sac location, in Waterlooville.
This property benefits from double glazing, gas central heating system, allocated parking space, lounge/dining room, fitted kitchen, bathroom/W.C, rear garden, and double bedroom.
Viewing is a must for all serious buyers. EPC C Directions Sat nav: PO7 8LP. Proceed along Hulbert Road at the roundabout take the second exit into Tempest Avenue.
Continue over the next roundabout, then turn left into Cornelius Drive. Nerissa Close can be found on the left hand side.
Entrance Porch Side aspect double glazed door, dado rail, vinyl flooring, coved and textured ceiling, door to: Lounge/Dining Room (17' 1'' x 11' 7'' (5.20m x 3.53m)) Front aspect double glazed window, T.V point, feature radiator, smooth ceiling, feature fireplace with space for wall mounted TV over, smooth ceiling, open to kitchen and inner hallway.
Kitchen (12' 11'' x 5' 9'' (3.93m x 1.74m)) Rear aspect double glazed window and door to private garden, range of fitted eye and base level units with worktops over, space for fridge/freezer, cooker and washing machine, ceramic sink unit with mixer tap, brick style splashbacks, voed and textured ceiling.
Inner Hall Under stairs cupboard, coved and textured ceiling, doors to: Family Bathroom Texture ceiling, extractor, radiator, W.C, wash hand basin, bath with shower over, tiled splash backs.
Bedroom 1 (11' 9'' x 9' 5'' (3.58m x 2.88m)) Rear aspect double glazed window, feature radiator, smooth ceiling. Outside The property has a front garden laid to stone.
The rear garden is mainly laid to shingle with patio area, scattered shrubs and plants, shed, and rear pedestrian access.
Anti-Money Laundering (Aml) Archbold & Edwards have a legal obligation to complete anti-money laundering checks. The aml check should be completed in the branch.
Please call the office to book an aml check if you would like to make an offer on this property. Please note the aml check includes us taking a copy of two forms of Identification for each purchaser.
A proof of address and proof of name document is required. Please note we cannot put forward an offer without the aml check being completed.
Mortgage Advisor We have an in-house financial advisor who can offer the following services: - Mortgages and btl - Protection - Pensions Advice - Investments Advice - Wealth Management To organise an appointment please contact Archbold & Edwards.
Conveyancing We offer competitive conveyancing services, with local conveyancing companies.
For more information or to organise a quote please call us on Compliance Note Please be aware all measurement and floor plans used in the details are approximate and for marketing purposes only.
The services, system and appliances have not been tested and no guarantee as to their operability or efficiency can be given by Archbold & Edwards Ltd.
Tenure Any information stated about the tenure and charges for a property have been provided by the seller of the property and is subject to change.
All lease information provided will be confirmed by the sellers solicitor during any conveyance.
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 19, Nerissa Close, Waterlooville
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