1-bedroom flat · PO5 3LX
Opportunity summary
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About
1 BEDROOM SPLIT LEVEL APARTMENT SITUATED TO THE REAR OF THIS SEAFRONT BLOCK. Conveniently located central Southsea just a short walk to seafront and Southsea Common.
Other amenities and attractions nearby include Palmerston Road Shopping Precinct, cafes, bars, restaurants, Waitrose, Library, mainline train stations, Gunwharf Quays Shopping & Leisure Complex.
The accommodation of this second floor apartment apartment comprises an open plan lounge/kitchen, shower room, bedroom.
Other benefits include double glazing, gas central heating and offered with a share of freehold.
The property can be offered with vacant possession or as an investment with a tenant in situ currently paying £725pcm.
Entrance Hall - Security intercom providing access to communal hall with stairs to second floor. Flat front door to entrance lobby.
Lounge/Kitchen - 5.94m x 3.53m (19'6 x 11'7) - Lounge Area - 3.45m x 3.53m (11'4 x 11'7) - Double glazed sash window to rear, door to fire escape, radiator, stairs leading to bedroom.
Kitchen Area - 2.44m;'1.22m x 3.53m (8;'4 x 11'7) - Single drainer stainless steel sink unit with range of wall and base cupboards with work surfaces over, built in oven, hob, extractor, integrated fridge and dishwasher, space for washing machine, spotlights, radiator, Vaillant gas boiler, double glazed sash window to side.
Shower Room - 2.67m x 1.40m max measurements (8'9 x 4'7 max mea - Shower with electric Mira shower, wash hand basin, WC, double glazed sash window to side, tiled walls, laminate flooring, extractor, heated towel rail.
Additional Information - Tenure - Share of freehold Length of Lease - 999 years from 01/09/2005 - 978 Years remaining Service Charge - £1860pa - Includes buildings insurance Ground Rent - N/A Council Tax Band - Band A The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
Value & comps
No previous sales on record.
Returns
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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 Osborne Road, Southsea
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