2-bedroom flat · PO5 1PW
To rentReduced £50 (−4.2%) on 9 OctListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Available October 2026 is an excellent two double bedroom apartment within a beautiful Victorian conversion in central Southsea, with easy access to Albert Road, Elm Grove and Fratton train station.
The property is offered on an unfurnished basis (but includes gifted white goods) and is immaculately presented throughout, making this a true must view!
The property has first come first serve off road parking to the front of the building, and each flat in this very well kept block has its own bike storage shed to the rear of the building.
The apartment itself comprises of a spacious lounge with TV point, with two windows making it a very bright room and a lovely place to be.
There is an immaculately presented separate fitted kitchen, featuring built in gas hob, electric oven, fitted units and gifted white goods.
To the rear of the building is a very well proportioned double bedroom, again offering high ceilings and good living space.
Through the hall on the way to the front of the building is a fantastic fitted shower room with shower cubicle, WC and basin along with large heated towel rail.
At the very front of the building is a further double bedroom which again is well proportioned. The property has gas central heating and double glazing throughout.
All fixtures and fittings are finished to a very high standard and the communal areas are nicely maintained.
This apartment is available from October with properties of this calibre are rarely available for long.
Council Tax Band: Holding Deposit: £300.00 Available October Two double bedrooms Well presented First come first serve off-road parking Private secure bike sheds at rear Modern shower room Gas central heating Double glazed throughout Council tax banding - A
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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