1-bedroom flat · PO16 9XR
For saleReduced £6.5k (−4.2%) on 21 JulListed 246 days
Opportunity summary
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About
A well presented purpose built top floor modern apartment close the village centre and transport links offering: One double bedroom, security entry system, open plan lounge/diner and fitted kitchen with built in appliances, modern bathroom suite, well maintained communal gardens with secure bike store and allocated/guest parking.
The Building Comprises:- Security entry system with communal hallway and stairs to all floors.
The Accommodation Comprises:- Front door leading to: Entrance Hall:- Security entry system, radiator, storage cupboard housing Glow Worm gas central heating boiler and flat ceiling with smoke detector.
Open Plan Lounge/Kitchen/Diner:- (19' 11'' x 16' 2'' (6.07m x 4.92m) Maximum Measurements) Lounge/Diner:- UPVC double glazed window to side elevation, space for table and chairs, two radiators, flat/sloping ceiling, leading to: Kitchen Area:- An additional UPVC double glazed window to side elevation, the kitchen is fitted with a modern range of base and eye level units with underlighting to wall units, roll top work surfaces with matching upstands, one a half bowl stainless steel sink unit with mixer tap, built-in fridge, integrated slimline dishwasher and washing machine, built in oven with hob above, extractor canopy with splashback and flat/sloping ceiling with smoke detector.
Bedroom:- (12' 8'' Into Bay Window x 8' 5'' Plus Wardrobes (3.86m x 2.56m)) UPVC double glazed window to front elevation, radiator, built-in wardrobes, walk-in storage cupboard and flat/sloping ceiling.
Bathroom:- (9' 4'' x 6' 0'' (2.84m x 1.83m) Maximum Measurements) Opaque UPVC double glazed window to front elevation, white suite comprising: Panelled bath with mixer tap, shower attachment and screen, close coupled WC, pedestal wash hand basin with mixer tap, radiator, part tiled walls and flat ceiling with extractor.
Outside:- Outside of the apartment you will find well maintained communal gardens, allocated residents and guest parking, secure bike and bin stores.
Agent's Note:- Tenure leasehold with a 125 year lease from the 1st January 2007. The current maintenance charge is £1575.24 per annum and the ground rent is £125.00 per annum.
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 8, Flagship House, Portchester
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