2-bedroom flat · PO5 1QN
For saleListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Located in the heart of Central Southsea, this well-presented two-bedroom ground floor apartment with its own private garden could make for a fantastic first-time purchase, investment opportunity, or downsize move.
Situated on the popular St. Davids Road, the property provides bright and well-proportioned accommodation throughout.
Upon entry, an inviting hallway leads through to a spacious open-plan living area, flooded with natural light from a large bay window.
This impressive room offers ample space for both living and dining furniture, creating a wonderful environment to relax, unwind and entertain guests.
A fitted kitchen is conveniently positioned just off the living space. The hallway also benefits from a large built-in storage cupboard, providing valuable and practical additional storage space.
Moving through the apartment, there is a fitted bathroom suite and two good-sized bedrooms situated towards the rear of the property, both offering comfortable and versatile accommodation.
A particular highlight of the home is the generous private rear garden, measuring approximately 27ft in length.
This enclosed outdoor space provides a great area for al fresco dining, entertaining or simply enjoying the warmer months, while also benefitting from rear pedestrian access.
Properties with private gardens in such a sought-after Central Southsea location are always popular, and given all that's on offer, we highly recommend an internal viewing.
For further information or to arrange a viewing, please contact the Lawson Rose sales office today.
Material Information: • Construction: Brick Built • Electricity Supply: Alternating Current • Heating: Gas Central Heating • Water Supply: Mains Water Supply • Sewage: Mains Sewage • Broadband: Standard, Superfast Fibre and Gfast Fibre are available.
• Mobile: Ofcom Checker shows EE, Three, 02 and Vodafone all have voice and data availability in this area.
• Permit Parking: 1st permit is £30,2nd permit is £120 and 3rd permit (where available) is £300.
• Council Tax: Portsmouth City Council – Band A • Flood Risk – Low Risk (Stated on the portal) • Conservation Area: St Davids Road • Tenure – Leasehold • Term: Length of lease: 125 years from 2007; 108 years left • Management Company: Hadrian Property Management • Service Charge & Ground Rent: £1275.56 P/A EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 3, 24 St. Davids Road, Southsea
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