2-bedroom flat · SO40 4AL
For saleListed 26 days
Opportunity summary
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About
** no forward chain ** A two double bedroom second floor apartment located within a gated development and enjoying views over Southampton Water.
The property provides spacious accommodation and features a generous open plan kitchen/sitting/dining room, an ensuite bathroom, two allocated undercover parking spaces and a balcony.
The accommodation is arranged as follows: Entrance hall Radiator, storage cupboard, double doors to: Kitchen/sitting/dining room Sitting area: 14’10 x 12’6 (4.52m x 3.81m) radiator, double doors to: Balcony 10’ x 7’ (3.04m x 2.13m) outside courtesy light, views across Southampton Water Kitchen/dining area: 17’6 x 11’11 (5.33m x 3.63m) range of fitted cupboards and drawers to wall and base level, 1 ½ bowl sink unit with mixer tap and drainer, electric oven, 5 ring gas hob with extractor over, integrated dishwasher and washing machine, space for fridge freezer, ‘Vaillant’ combination boiler, radiator, windows to rear and side, Juliette balcony to rear bedroom 1 14’8 x 10’2 (4.47m x 3.09m) two wardrobe cupboards, radiator, Juliette balcony to front, door to: Ensuite bathroom Bath with mixer tap and shower over, low level W.C., wash hand basin, radiator, part tiled walls, window to side bedroom 2 10’10 x 10’5 (3.30m x 3.17m) radiator, two windows to front shower room 6’ x 5’6 (1.82m x 1.67m) shower cubicle, low level W.C, wash hand basin, extractor fan, part tiled walls, radiator Outside parking Undercover parking for two vehicles storage cupboard 6’4 x 5’7 (1.93m x 1.70m) with light Price £257,950 leasehold Remainder of a 999 year lease from 2002 Council tax Band ‘C’ - £2,186.97 per annum for 2026/2027 Service charge Believed to be £2,816.24 per annum Ground rent Nil Nb None of the appliances, fixtures and fittings and other items mentioned within these particulars have been tested and we cannot guarantee they work for the purpose as described
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
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FAQ
About Portside Close, Marchwood
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