Summary - Highlands Road, Fareham, Hampshire PO15 6JE
11 bed 9 bath Apartment
Turnkey multi-unit investment with immediate income and expansion potential.
8 apartments and freehold title included
Total approx. 4,100 sq ft across 11 beds, 9 baths
Current rental income £7,600 pcm from apartments 1–6
Two units used as holiday lets — income can be seasonal
8 off-street parking spaces; 7 with EV charging points
High-standard finishes throughout; newly built and renovated
Potential to add studio subject to planning (not approved)
Local recorded crime above average; consider insurance/management costs
This freehold newly built block of eight apartments offers a ready-made income stream and clear upside for an investor. Apartments 1–6 are let, producing a combined rent of £7,600pcm, while two units operate as holiday/short-term lets, giving flexible revenue but seasonal variation. The building totals approximately 4,100 sq ft and includes a three-bedroom penthouse, a two-bedroom garden apartment, and six one-bed units.
Practical strengths include eight off-street parking spaces with seven EV charging points, modern finishes throughout, and fast broadband and mobile coverage. There is planning potential to add an extra studio (subject to permission), which could increase rental yield once approved. The development is offered freehold, simplifying ownership and long-term management decisions.
Buyers should note a few material considerations: local recorded crime is above average, which may affect tenant profiles or insurance costs; two units currently trade as holiday lets, so income can be seasonal; and the additional studio remains subject to planning consent, not guaranteed. Purchasers must also complete an identity-check fee of £80 (inc. VAT) paid in advance to a third party as part of the sale process.
Overall this is a compact multi-unit investment with immediate income, modern communal infrastructure and short-term expansion potential. It will suit a buyer seeking a turnkey small-portfolio acquisition, comfortable managing mixed-tenure lets and addressing local market factors.
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