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See how verdicts work2-bedroom flat · PO5 2HX
For saleReduced £25k (−10%) on 23 MayListed 376 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in one of Southsea's most sought-after seafront positions, this seventh-floor apartment in Rose Tower offers panoramic views across Southsea Common, the Solent, and out towards the Isle of Wight.
The property features a spacious living/dining area, two double bedrooms, a separate kitchen, and a bathroom, all offering excellent scope for improvement and personalisation.
While the apartment would benefit from modernisation throughout, it provides an exciting opportunity to create a stylish coastal home tailored to your own taste.
Further benefits include lift access, secure entry, and a private allocated parking space - a rare advantage in such a prime location.
Situated moments from the seafront, cafés, restaurants, and the amenities of Southsea town centre, this property combines exceptional views, convenience, and potential in one of the area's most desirable addresses.Sold with no forward chain and a healthy remaining lease term.
COMMUNAL ENTRANCE: Communal door with secure entry system to communal hall, stairs and lift to 7th floor.
Personal door to: ENTRANCE HALL : Smooth ceiling, entry phone system, three storage cupboards, cloaks cupboard, parquet flooring.
LOUNGE / DINER : Smooth ceiling, double glazed window with far reaching views over Clarence Parade, tree-lined Southsea Common, into The Solent, and towards the Isle of Wight, range of fitted furniture, radiator, fitted carpet.
KITCHEN : Smooth ceiling, double glazed window with far reaching views across the city of Portsmouth and towards Ports Down Hill, fitted kitchen with wall and base mounted units, work surfaces over, breakfast bar, sink and drainer with mixer tap over, integrated appliances including fridge, electric oven and hob, space for appliances, two pantry cupboards, radiator, part tiled walls, tiled floor.
BEDROOM 1 : Smooth ceiling, double glazed window with far reaching views, radiator, range of fitted bedroom furniture, fitted carpet.
BEDROOM 2 : Smooth ceiling, double glazed windows with far reaching views, radiator, range of fitted bedroom furniture, fitted carpet.
SHOWER ROOM : Smooth ceiling, double glazed window, shower cubicle, WC, wash hand basin set in vanity unit, WC, bidet, storage cupboard, part tiled walls, tiled floor.
TENURE: Leasehold Lease Commenced: 10/12/2002 Lease Term: 157 years Lease Term Remaining: 134 years Ground Rent: £30 per annum Service Maintenance Charge: £4,155.96 per annum COUNCIL TAX Portsmouth City Council TAX BAND D £2,291.71 for the year 2026/2027.
Value & comps
No previous sales on record.
Returns
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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 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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FAQ
About Clarence Parade, Southsea
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