2-bedroom flat · PO4 0PT
For saleListed 163 days
Opportunity summary
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About
This very well situated and spacious TWO BEDROOM FIRST FLOOR APARTMENT benefits from an 18ft living room, gas fired central heating, and replacement double-glazing - ideal for first time buyers in particular, or for investors (having a potential gross yield of around 8.5% p.a., at a projected rent of £1,100 p.c.m.).
St Ronans Road runs from Waverley Road to Albert Road, No. 16 being on the south-east side a short distance from the former.
This pleasant and popular residential address is some half a mile only from Southsea Town Centre (Palmerston Road Shopping Precinct) and The Seafront, placing a wide range of public amenities within comfortable reach.
The apartment is one of four units within a substantial and stylish late-Victorian semi-detached building having brick elevations under a modern tiled roof, the facade incorporating recessed porch and triple bay window.
Previously let, it is available now with the further asset of NO ONWARD CHAIN and full details are as follows: Steps up to: ENTRANCE PORCH Period main door to: COMMON LOBBY Stairs to upper floors.
FLAT 3 ENTRANCE HALL LIVING ROOM - 5.49m x 4.55m (18'0" x 14'11") Coved, textured Artex ceiling. Wide splay bay window to front elevation having UPVC replacement double-glazing.
Feature Regency-style period fire surround. Double panel radiator.
Doorway to: KITCHEN - 2.29m x 2.11m (7'6" x 6'11") Fitted base and wall cupboards, work surfaces with tiled surround, single drainer stainless steel inset sink with mixer tap. Gas cooker point.
Plumbing for washing machine. UPVC replacement double-glazed window to front elevation, BATHROOM & W.C.
- 4.39m x 1.45m (14'5" x 4'9") White suite comprising: panelled bath with 'Mira' independent shower mixer, pedestal handbasin, and low flush w.c. Vertical radiator/towel rail.
'Heatline' gas fired central heating and hot water boiler. UPVC replacement obscure double-glazed window to side elevation; period sash window also.
BEDROOM ONE - 3.94m x 3.15m (12'11" x 10'4") Coved, textured Artex ceiling. UPVC replacement double-glazed window to rear elevation. Double panel radiator.
BEDROOM TWO - 2.84m x 2.82m (9'4" x 9'3") (plus deep recess) UPVC replacement double-glazed window to rear elevation. Double panel radiator.
GENERAL INFORMATION Tenure: 99 years leasehold from 25.2.1986 (59 years remaining).
NOTE: the sellers will extend the current lease by 90 years (to 149), this benefit being conveyed to the Buyer upon completion. Service Charge: £1,600 p.a. Ground Rent: £75 p.a.
(converting to a peppercorn upon extension). COUNCIL TAX Band 'A' - £1,527.80 p.a. (2026-27). EPC Energy Rating 'C' (Floor Area 59 sq m approx). VIEWING By appointment with SOLE AGENTS, D. M.
NESBIT & CO. (18082/059420)
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 St Ronans Road, Southsea PO4 0PT
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