2-bedroom flat · PO4 0RL
For saleListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Chain Free**Two Bedrooms**Split Level** Situated just moments from the seafront, this two-bedroom split-level apartment offers accommodation in a central Southsea location.
Offered chain free, the property would make an ideal first-time purchase or investment opportunity.
The accommodation is arranged over a semi lower ground floor level and features a generous bay-fronted lounge, fitted kitchen and a well-appointed bathroom comprising a bath with a separate shower.
Both bedrooms are well proportioned, making the flat suitable for sharers, couples or those working from home.
Further benefits include: - Permit parking available on the road - Currently tenanted at £925 per calendar month (rolling monthly contract) offering an approximate yield of 7.4% - Excellent seafront location - Chain free sale With Southsea's promenade, local amenities, cafes and transport links all within easy reach, this is a superb opportunity to secure a property in a prime coastal setting.
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
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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.
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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 Alhambra Road, Southsea
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