1-bedroom flat · PO1 5HZ
For saleListed 362 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
INVESTMENT OPPORTUNITY - BEING SOLD WITH TENANTS IN SITU PAYING £850PCM. GROSS YIELD OF 7.55% PA. ALLOCATED PARKING.
We are pleased to bring to the market this 1 bedroom ground floor apartment with off road parking, open plan lounge/kitchen and own private entrance.
The accommodation comprises a double bedroom, fitted kitchen with appliances, shower room. The property is being sold with no chain and a remaining lease term of 107 years.
Other benefits include double glazing, gas central heating and covered bike storage. Call now to arrange your accompanied viewing.
Own Private Entrance To: - Entrance Hall - Radiator, cupboard housing electric meter and consumer unit.
Lounge/Kitchen - 4.75m x 4.93m (15'7 x 16'2) - Double glazed window to side, radiator, cupboard housing boiler.
The kitchen area comprises a single drainer stainless steel sink unit with range of wall and base units and work surfaces over.
Built in oven, hob and extractor, washing machine, fridge/freezer, part tiled walls. Bedroom - 4.75m x 2.34m (15'7 x 7'8) - Double glazed window to rear, radiator.
Shower Room - 2.34m x x 1.63m (7'8 x x 5'4) - Suite comprising double shower cubicle, wash hand basin, WC, heated towel rail, part tiled walls, extractor. Parking - Off road parking space.
Communal Bike Storage - Covered bike storage area.
Additional Information - Tenure - Leasehold Length of Lease - 110 Years from 24/06/2021 - 106 years remaining Service Charge - £1288pa (approximately) Ground Rent - £125pa Council Tax - Band A The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
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 advisors 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 Brookfield Road, Portsmouth
Explore nearby
