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See how verdicts work1-bedroom flat · PO2 9AX
Listing removedReduced £6k (−10%) on 25 OctListed 60 daysAuction 22 Sep · ended
Opportunity summary
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About
**For Sale By Auction on Tuesday 22 September 2026** *Guide Price £60,000 First Floor 1 Bedroom Flat Description Leasehold first floor flat comprising 1 reception room, kitchen, 1 bedroom and bath/WC.
Situation The property is situated within close proximity to Portsmouth town centre with its array of coffee shops, cafes, restaurants. Portsmouth train station is approximately 1.8 miles away.
Location Pin (What3Words): chained.leads.tells Accommodation FIRST FLOOR Hallway - 4.77 x 0.78 WC - 2.21 x 0.95 Bathroom - 2.72 x 2.21 Bedroom 1 - 4.51 x 3.04 SECOND FLOOR Landing - 3.05 x 1.66 Kitchen - 4.91x 3.07 Living Room - 4.55 x 3.06 Total Floor Area - 57 sq.m.
NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO BUYERS PREMIUM OF £1,680 (INC VAT) AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE.
PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Tenure Leasehold - 125 years from 30th June 2008 (106 years remaining) Ground rent - £125pa Council Tax - Band A EPC Rating - E
Value & comps
No previous sales on record.
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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 starting price
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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
Agent & docs
FAQ
About Flat D, 11 Gladys Avenue, Portsmouth, City of Portsmouth, PO2 9AX
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