2-bedroom flat · PO4 0DD
For saleListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after Lakeside Court on Festing Road, this beautifully presented first-floor apartment offers stylish and spacious accommodation just moments from Canoe Lake and Southsea's seafront.
Occupying a prime position within this well-maintained purpose-built development, the property benefits from a Share of Freehold, lift access to all floors, and residents' parking facilities including an allocated parking space and additional visitor parking.
Internally, the apartment is presented in immaculate condition throughout.
The accommodation comprises a welcoming entrance hall, a generous lounge with a Juliet balcony allowing plenty of natural light, and a recently fitted modern kitchen featuring a range of integrated appliances and space enough for a breakfast table.
There are two well-proportioned bedrooms, with the principal bedroom benefiting from an en-suite shower room, alongside a family bathroom.
Offering a superb combination of location, presentation and convenience, this exceptional apartment is ideally suited to professionals, downsizers, second-home buyers or those seeking a coastal lifestyle within easy reach of Southsea's many amenities, cafés and leisure facilities.
Enter via a secure and communal entrance into; COMMUNAL HALL Stairs and lift to first floor, front door to: ENTRANCE HALL Smooth and coved ceiling, storage cupboards, intercom entry system, dado rails, radiator, fitted carpet and doors into; LOUNGE Smooth ceiling with ornate cornicing and ceiling rose, UPVC double glazed windows and door to Juliet balcony, radiator and fitted carpet.
KITCHEN Smooth ceiling with inset spotlights, UPVC double glazed window, wall mounted gas combination boiler, a range of wall and base mounted units with work surfaces over, inset ceramic sink and drainer, integrated electric induction hob with extractor fan over, integrated high level double electric oven, integrated fridge freezer, integrated washing machine, radiator, tiled splash back and vinyl flooring.
BEDROOM ONE Smooth ceiling, UPVC double glazed window, radiator, a range of fitted bedroom storage, built-in wardrobe, fitted carpet and door into; EN-SUITE Smooth ceiling, extractor fan, obscured UPVC double glazed window, enclosed shower cubicle, W.C, wash hand basin, tiled splash back, radiator and vinyl flooring.
BEDROOM TWO Smooth ceiling, UPVC double glazed window, radiator and fitted carpet.
BATHROOM Smooth ceiling, extractor fan, obscured UPVC double glazed window, radiator, panel bath with shower attachment over, W.C, wash hand basin, tiled splash back, towel rails and vinyl flooring.
OUTSIDE Parking area with allocated off-road parking space and visitor parking, communal garden.
TENURE Share of Freehold Lease Commenced: 25 December 1997 Lease Term: 125 years Lease Term Remaining: 96 years Ground Rent: N/A Service Charge £1,800 per annum.
COUNCIL TAX Portsmouth City Council TAX BAND C £2,037.07 for the year 2026/2027.
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 Festing Road, Southsea
Explore nearby