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See how verdicts work2-bedroom flat · PO6 1AG
Sold STCListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** 2 DOUBLE BEDROOMS ** GARAGE ** NO CHAIN ** 161 YEAR LEASE and NO GROUND RENT ** Situated in the quite and popular location of East Lodge Park, this 2 Double Bedroom Flat is offered for sale with No Chain.
Being located on the second floor gives the property a bright and airy feel, and the West Facing Balcony provides glowing afternoon warmth and light.
Set off the main bedroom the East Facing Balcony welcomes the first light of day and the Modern Kitchen and Bathroom give the property a contemporary feel combined with traditional decor.
The biggest benefit is the 161 Year Lease, combined with Peppercorn Ground Rent, making this a perfect first home or downsize move. Contact Northwood to arrange your viewing.
Tenure: Leasehold, Entrance Large private storage cupboard and front door to entrance hall with textured ceiling, smooth plastered walls.
Living Room Double glazed windows to front aspect, double glazed door to the west facing balcony, textured ceiling, brick built feature fireplace with fitted electric fire, wall lighting.
Kitchen Double glazed window to rear aspect, textured ceiling, smooth plastered walls, range of wall and base level units with work surfaces over, concealed lighting, tiled splashbacks, one and a half bowl single drainer stainless steel sink unit with mixer tap, built-in oven and hob, space for white goods, storage cupboard.
Bedroom One Double glazed window to rear aspect and double glazed door to the east facing balcony, textured ceiling, built-in double wardrobe.
Bedroom Two Double glazed window to front aspect, textured ceiling.
Bathroom Frosted double glazed window to rear aspect, smooth plastered ceiling and walls, suite comprising panel enclosed bath with fitted Mira shower over, low-level WC, vanity unit with inset wash hand basin with mixer tap, cupboard housing the hot water tank.
Lease On completion a brand new 161 year lease will be provided. At the same time the ground rent will be changed to Peppercorn.
Disclaimer While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs

FAQ
About East Lodge Park, Farlington, Portsmouth, PO6
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