We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*new instruction* *ideal first time or buy to let investment* AJM Estates are pleased to offer for sale this in our opinion spacious and nicely presented two bedroom first floor flat in the ever popular Cosham area of Portsmouth.
Ideally situated to take advantage of all the nearby transport links including the A27/M27 and Cosham train station, the property has plenty to offer.
Its highlights include; lounge, fitted kitchen, bathroom, gas heating via radiators and double glazing. Other benefits include; communal gardens and lock up store.
The property is offered with no forward chain. Viewing is highly recommended to appreciate the size, layout and potential of this property.
Agent notes/material information: Energy performance rating: C Portsmouth City Council tax band:A Broadband estimated availability - Openreach, CityFibre, Virgin Media, EE & Three (Please refer to Ofcom broadband checker for further information) Mobile Availability - Vodafone, Three, O2 & EE (Indoor) Likely/Limited.
Mobile Availability - Vodafone, Three, O2 & EE (Outdoor) Likely. 5G is available -Please refer to Ofcom mobile checker for further information.
Flood Risk - Refer to - ( () The property is connected to a mains supply for electric, gas and water and sewerage.
As of 13/10/2026, the vendor has informed us that the lease details are as follows:- The annual service charge for the flat is approx £238 per month (includes building insurance and ground rent).
There are years remaining on the lease (tbc). Please note the above costs/information has been provided to us by the seller and are only given as a guide.
Accommodation comprises: * Communal Entrance Stairs leading to all floors, on the first floor double glazed front door to: * Entrance Hallway: 4.06m x 1.88m (13' 4" x 6' 2") Smooth and coved ceiling, smooth walls with intercom phone, built in meter/storage cupboard, additional built in storage cupboard, tiled floor, radiator and doors to: * Lounge: 5m x 3.63m (16' 5" x 11' 11") Dual aspect double glazed window to front and side, smooth and coved ceiling, smooth walls, laminate flooring and two radiators.
* Kitchen: 3.84m x 2.74m (12' 7" x 9') Furnished with a range of wall and base units, stainless steel sink unit with mixer tap over and drainer, space for cooker, plumbing for washing machine and space for fridge.
Double glazed window to side aspect, textured ceiling, smooth walls with tiling to principal areas, tiled flooring, 'Worcester' combination boiler and radiator.
* Master Bedroom: 4.29m x 3.05m (14' 1" x 10') Double glazed window side aspect, smooth and coved ceiling, smooth walls, built in wardrobe, laminate flooring and two radiators.
* Bedroom Two: 4.27m x 2.72m (14' x 8' 11") Double glazed window side aspect, smooth and coved ceiling, smooth walls, built in wardrobe, laminate flooring and radiator.
* Bathroom: 2.67m x 1.65m (8' 9" x 5' 5") Furnished with a matching white suite incorporating panel enclosed bath with mixer tap and shower over, shower screen, vanity combination basin with mixer tap over and concealed cistern WC.
Double glazed window to side aspect, smooth and coved ceiling, smooth walls with tiling to principal areas, tiled floor, extractor fan and heated towel rail.
Anti Money Laundering - ajm Estate agents have a legal obligation to complete anti-money laundering checks. The aml check should be completed in branch.
Please call the office to book an aml check if you would like to make an offer on this property. Please note the aml check includes taking a copy of the two forms of identification for each purchaser.
A proof of address and proof of name document is required. Please note we cannot put forward an offer without the aml check being completed.
AJM Estates Offer Check Procedure - If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position.
Our Sellers expect us to report on a Buyer's proceed ability whenever we submit an offer. Thank you.
Solicitor/ Conveyancing - Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution.
The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid.
A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner.
AJM Estates can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.
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. This property is sold on a freehold basis.
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.
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About Hawthorn Crescent, Portsmouth
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