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 work1-bedroom house · PO4 0RX
Sold STCReduced £10k (−11.8%) on 25 OctListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ONE BEDROOM RETIREMENT FLAT IN SOUTHSEA WITH NO FORWARD CHAIN! A lovely home found within one of Southsea's most popular retirement complexes, Mansion Court in Granada Road.
The property is excellently positioned with Canoe Lake, the seafront and local amenities all within a short walk.
The accommodation itself offers spacious living with a 16ft (approx.) lounge, fitted kitchen, double bedroom (with fitted wardrobe) and a fitted shower room.
This second floor flat benefits from a host of communal facilities including 24hr emergency assistance via pull cords, house manager, residents' lounge and sun room, laundry room, guest suite, southerly aspect communal gardens and residents' parking.
Please call our Southsea branch for further details or to arrange your viewing. COMMUNAL ENTRANCE Lift and stairs to all floors, door to flat.
HALLWAY Emergency pull cord system, night storage heater, carpeted, airing cupboard housing domestic hot water cylinder, doors to all rooms.
BATHROOM 5' 7" x 7' 2" (1.71m x 2.19m) Panel enclosed bath with electric shower over, close coupled WC, pedestal mounted basin, heated towel rail, wall mounted electric heater, shaver point, tiled to principal areas and carpeted flooring.
LOUNGE/DINER 10' 2" x 16' 2" (3.10m x 4.94m) Two double glazed windows to side elevation, night storage heater, electric fire with surround, TV point, through to:- KITCHEN 9' 4" x 7' 2" (2.87m x 2.20m) Fitted kitchen comprising a range of wall and base level units incorporating roll edge work surfaces, stainless steel sink and drainer unit with mixer tap, space for cooker, space for fridge/freezer, tiled to principal areas and vinyl flooring.
BEDROOM 9' 1" x 11' 8" (2.77m x 3.56m) Double glazed window to side elevation, night storage heater, carpeted, built-in mirrored wardrobe, TV point.
RESIDENTS PARKING Non allocated off road parking for residents'.
COMMUNAL FACILITIES 24hr Emergency assistance with on-site house manager, communal lounge and sun room, laundry room, guest suite, kitchen and residents' parking. AGENTS NOTE: COUNCIL TAX Band C.
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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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 Granada Road, Southsea
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