2-bedroom terraced house · PO1 5PX
Sold STCListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARTIALLY MODERNISED 2 BEDROOM TERRACED HOME WHICH STILL REQURIES SOME FURTHER RENOVATIONS.
The accommodation comprises 2 bedrooms, open plan 23'2 x 12'1 lounge/dining room, newly fitted kitchen with appliances, modern first floor shower room.
The property does require some new floor coverings and works to the garden, which is westerly facing.
The property has been priced to sell and is offered with no chain so be quick to avoid disappointment.
Lounge/Dining Room - 7.06m x 3.68m (23'2 x 12'1) - Double glazed front door leading to lounge/dining room, double glazed window to front double glazed door to garden, two radiators, picture rail, stairs to first floor with understairs storage cupboard.
Kitchen - 3.66m;1.22m x 2.06m (12;4 x 6'9) - Newly fitted kitchen with one and a half bowl stainless steel sink unit with range of wall and base cupboards with work surface over.
The appliances include a built in oven, hob, extractor, microwave, integrated washing machine, fridge freezer, laminate flooring, radiator, spotlights, double glazed door to garden.
First Floor Landing - Hatch to loft with drop down ladder. Bedroom 1 - 3.10m x 2.82m (10'2 x 9'3) - Double glazed window to front, coved ceiling, radiator, built in wardrobe/storage.
Bedroom 2 - 3.81m x '1.93m (12'6 x '6'4) - Double glazed window to rear, coved ceiling, spotlights, built in wardrobe.
Shower Room - 2.92m x 1.60m (9'7 x 5'3) - Suite comprising double shower, wash hand basin, WC, part tiled walls, heated towel rail, spotlights, double glazed window to rear.
Garden - Westerly facing garden which has walled boundaries but does require works.
Additoinal Information - Tenure - Freehold Council Tax - Band A The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
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 Cuthbert Road, Portsmouth
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