2-bedroom flat · PO3 6LT
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the impressive and historic development on Governors Walk, this beautifully presented two-bedroom apartment offers a unique combination of period character and contemporary living.
Originally constructed in 1877 as hmp Kingston, the historic building was thoughtfully converted into residential apartments in 2022, retaining its character while offering all the comforts of modern living.
Spanning an impressive 941 square feet, the property offers generous accommodation throughout.
The spacious reception room provides a bright and welcoming setting for both relaxing and entertaining, while the two well-proportioned bedrooms offer plenty of space and flexibility.
The property further benefits from two stylish bathrooms, including both bath and shower facilities, making it particularly practical for couples, sharers or visiting guests.
Another major advantage is the allocated parking, a highly sought-after feature in Portsmouth and a valuable addition to the property.
With its combination of generous living space, allocated parking, contemporary finish and fascinating history, the property would make a fantastic home while also offering excellent investment and Airbnb potential, subject to the relevant permissions.
A truly distinctive property that combines the character of a historic Portsmouth landmark with the convenience and finish of modern-day living.
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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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 15 Radial House, Governors Walk, Portsmouth
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