2-bedroom flat · PO4 8PN
Listing removedReduced £100 (−7.1%) on 11 AugListed 91 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are thrilled to market these beautifully designed apartments that have been developed on the site of a former public house in the heart of Milton, Portsmouth.
All the apartments are double-glazed with central heating and feature modern, matte fitted kitchens. The building sits on a landscaped plot, planted with shrubs and trees.
There is a private car park to the rear of the property, with allocated parking.
Access to the building is through the front communal entrance and stairs lead up to the first and second floors from the ground floor hallway.
This particular apartment: •Two Bedroom Apartment •En-suite to master •Double Glazing •Electric Central Heating •Parking •72 Sq. M – 774 Sq.
Ft Milton Park Apartments are conveniently located just a stone’s throw from the Eastern Road route in and out of Portsmouth. Residents have easy access to the M27 and A3 motorways via car.
Fratton railway station is a just a ten minute stroll away and the development is located on a public transport bus route that enables you to reach any part of the city within an hour.
Milton Park is just a one-minute walk from your door, and is a peaceful tree-lined relaxing space, popular with dog-walkers and families.
If you head a little further south, you’ll be in the heart of Bransbury, with its extensive park, local shops and village community.
Southsea seafront is just over a mile away, with its shops, promenade, pier and common.
If you’re looking for entertainment, shopping, pubs and restaurants, you can head for Gunwharf Quays, with over 90 outlets, where Property Highlights All walls and ceiling flat plastered and decorated Tiled floor to bathrooms Quality carpets and underlay to bedrooms Modern LED light fittings Kitchen High quality continental handleless fitted units Oven hob and feature extraction canopy Integrated appliances: - Multi-function oven, fridge freezer.
Bathroom High quality chrome fittings Fully tiled, floor to ceiling Bath with shower over Chrome towel rails Additional Specification Electrical Fully certified electrical installation Video entry Electrical Heating System All grey double glazed Upvc, white internally Tenant Fees Act 2019 As well as paying the rent, you may also be required to make the following permitted payments.
For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant’s behalf) the following permitted payments: · Holding deposits (a maximum of 1 week’s rent); · Deposits (a maximum deposit of 5 weeks’ rent for annual rent below £50,000, or 6 weeks’ rent for annual rental of £50,000 and above); · Payments to change a tenancy agreement eg.
Change of sharer (capped at £50 or, if higher, any reasonable costs); · Payments associated with early termination of a tenancy (capped at the landlord’s loss or the agent’s reasonably incurred costs); · Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services (telephone, internet, cable/satellite television), TV licence; · Council tax (payable to the billing authority); · Interest payments for the late payment of rent (up to 3% above Bank of England’s annual percentage rate); · Reasonable costs for replacement of lost keys or other security devices; · Contractual damages in the event of the tenant’s default of a tenancy agreement; and · Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.
Right To Rent Each applicant will be subject to the right to rent checks. This is a government requirement since February 2016.
We are required to check and take a copy of the original version of acceptable documentation in order to adhere to the Right to rent checks. This will be carried out at referencing stage.
Please speak to a member of staff for acceptable Identification.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Apartment 3, 170, Milton Road, Southsea
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