1-bedroom flat · PO1 3GG
Let agreedListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for rent this well presented 2nd floor apartment, located in the ever popular Admiralty Quarter development.
The apartment offers access to the communal Podium Gardens as well being withing walking distance to the University and Gunwharf Quays.
Internally the property comprises hallway with built in cupboard, open plan living room with modern kitchen with appliances, one double bedroom with built in wardrobe and good size bathroom.
The building is security entry with a concierge at Admiralty Tower, plus there is a lift and stairs to all floors and has the added benefit of allocated parking.
Offered Furnished or unfurnished and available October. Viewings are highly recommended!
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Cross Street, Portsmouth
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