2-bedroom flat · PO13 9XR
For saleReduced £15k (−4.3%) on 25 SepListed 150 days
Opportunity summary
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About
* Situated on the seafront and enjoying superb views over the Solent & Isle of Wight is this well presented two bedroom apartment with en-suite and allocated parking to rear.
Offered for sale with no forward chain * Situated On The Seafront And Enjoying Superb Views Over The Solent & Isle Of Wight Is This Well Presented Two Bedroom Apartment With En-Suite And Allocated Parking To Rear The Accommodation Comprises: Communal front door with security entry system, stairs to first floor.
Front door to: Entrance Hall (0' 0'' x 0' 0'' (0.00m x 0.00m)) Two storage cupboards with one housing consumer unit, intercom, radiator, thermostat controls.
Lounge/Dining Room (16' 4'' x 11' 0'' (4.97m x 3.35m)) UPVC double glazed windows and doors to balcony, radiator.
Kitchen (11' 0'' x 6' 0'' (3.35m x 1.83m)) Obscured UPVC double glazed window to side elevation, integrated oven with gas hob, boiler, ceramic one bowl sink and drainer with mixer tap, integrated fridge/freezer, integrated washing machine, ladder style radiator, base cupboards with matching eye level units, inset spotlights, open serving hatch allowing views out to The Solent and Isle of Wight.
Bedroom One (15' 11'' x 11' 5'' (4.85m x 3.48m) maximum measurements) UPVC double glazed window to rear elevation, fitted wardrobes, radiator.
En Suite (5' 10'' x 4' 11'' (1.78m x 1.50m)) Obscured UPVC double glazed window to side elevation, close coupled WC, vanity wash hand basin with storage, ladder style radiator, walk in corner shower cubicle with mains connection, extractor fan.
Bedroom Two (11' 7'' x 7' 11'' (3.53m x 2.41m)) UPVC double glazed window to front elevation, radiator, built in wardrobes and desk area.
Bathroom (7' 11'' x 4' 7'' (2.41m x 1.40m)) Close coupled WC, vanity wash hand basin with storage cupboard, panelled bath with mains shower connection, ladder style radiator.
Outside The property benefits from communal gardens and two allocated parking spaces one of which is under cover.
Lease Information The vendor informs us at the time of instruction of the following lease information.
We would however suggest this information is verified by your legal representative before exchange of contracts.
Lease: Tbc (share of freehold) Ground Rent: None Service Charge: £1440pa General Information Construction - Traditional Water Supply – Portsmouth Water Electric Supply – Mains Gas Supply - Mains Sewerage - Mains Mobile & Broadband coverage - Please check via: Flood risk - Please check via:
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 Flat 6 Panorama Court, Marine Parade West, Lee-On-The-Solent
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