1-bedroom flat · PO5 1EH
To rentReduced £25 (−2.8%) on 16 OctListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Centrally located one bedroom flat is located less than a miles walk from the trendy bars and restaurants of Albert Road and Southsea Common is just over a miles walk.
The property boasts an open plan lounge / kitchen with laminate flooring. Double bedroom leading through to a modern bathroom suite. Double glazing and Gas central heating.
The property comprises; COMMUNAL ENTRANCE - With secure entry system OPEN PLAN LOUNGE/ KITCHEN AREA - Fitted units with electric oven and gas hob.
BEDROOM 1 - Double bedroom BATHROOM - Modern walk in shower, w/c & basin. Heated towel rail. STREET PERMIT PARKING Suited to a professional individual.
COUNCIL TAX: PORTSMOUTH CITY COUNCIL: BAND A EPC RATING: C WEEKLY RENT: £207.00 DEPOSIT £1038.00 (HELD UNDER THE TDS) AVAILABLE BROADBAND: CITYFIBRE, VIRGIN M EDIA, OPEN REACH.
TV ARIEL: AVAILABLE MOBILE SIGNAL: LISTED AS AVAILABLE BY OFCOM: EE, THREE, 02 AND VODAFONE. UTILITIES: MAINS SUPPLIED A holding deposit of one week's rent will be required to secure the property.
This fee is payable at the time of application for the tenancy and will be held for up to 15 calendar days whilst reference checks and preparation for the tenancy agreement are undertaken.
The holding deposit can be retained should the applicant fail the Right to Rent check, provide false or misleading information that would affect the Landlord's decision to grant the tenancy, the applicant withdraws from the tenancy, or the applicant fails to take all reasonable steps to enter into a tenancy agreement.
In Tenancy Penalty Fees apply, see website for details.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 SINGLE OCCUPANTS ONLY. Cottage Grove, Southsea Unfurnished
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