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 work2-bedroom flat · PO5 1PF
For saleListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BEAUTIFULLY PRESENTED 2 BEDROOM GROUND FLOOR APARTMENT WITH ALLOCATED PARKING, VISITOR PARKING, SHARE OF FREEHOLD & NO CHAIN.
The accommodation comprises 2 bedrooms, large lounge/dining room, modern fitted kitchen and bathroom.
Situated within this iconic building close to Albert Road, just a short walk to the seafront, bars, restaurants, cafes, shops, supermarkets, bus routes, Fratton Train Station and Palmerston Road.
Other benefits include loft space and communal bike store.
Communal Entrance - Security intercom providing access to communal hall, flat front door to: Entrance Hall - Hatch to loft space, textured ceiling.
Lounge/Dining Room - 5.38m x 3.45m (17'8 x 11'4) - Great size room with window to front, electric heater, textured ceiling, wall mounted intercom handset, opening to: Kitchen - 2.49m x 1.78m (8'2 x 5'10) - Modern fitted kitchen comprising single drainer stainless steel sink unit with range of wall and base cupboards with work surfaces over, bult in oven, hob, extractor, washing machine, fridge freezer, part tiled walls, tiled flooring.
Inner Hall - Door to communal hall. Bedroom 1 - 4.39m x 2.97m (14'5 x 9'9) - Window to front, electric heater, textured ceiling fitted wardrobe.
Bedroom 2 - 4.50m x 1.78m (14'9 x 5'10) - Window to front, textured ceiling.
Bathroom - 2.36m x 1.73m (7'9 x 5'8) - Modern white suite comprising bath with Triton shower over, shower screen, wash hand basin, WC, part tiled walls, extractor, textured ceiling, hatch to loft.
Allocated Parking Space - In additional to the allocated parking space there are also on site visitor parking bays.
Communal Bike Store - Additional Information - Tenure - Tenure: Share of freehold Length of Lease - 999 years from 01/10/2019 - 993 Years remaining approximately.
Service Charge £2700pa includes building insurance (1st January 2025 - 31st December 2025) Charges for 2026 TBC Ground Rent - N/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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Lawrence Road, Southsea
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