2-bedroom flat · PO5 1AN
No longer listedListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious two bedroom flat located in the Priory View building at the top of Victoria Road North is ideally situated for those who commute out of the town.
Fratton Train station is less than half a mile away on foot and is conveniently located for transport links in and out of the city.
The property comprises: COMMUNAL ENTRANCE WITH ENTRY PHONE SYSTEM LIFT TO 5TH FLOOR FRONT DOOR TO ENTRANCE HALL - Spacious hallway with room for storage.
STORAGE CUPBOARD KITCHEN - Fitted kitchen, electric oven & gas hob. Space for own white good appliances. LIVING AREA - Open plan living area, space for a large sofa and table & chairs.
MASTER BEDROOM - Large double bedroom. BEDROOM 2 - Generous sized double bedroom. BATHROOM - Shower over bath, w/c & basin, heated towel rail & shelving.
BALCONY - Private balcony with views over the city The water rate is included in the rent.
WEEKLY RENT: £288.00 EPC RATING: B COUNCIL TAX: PORTSMOUTH CITY COUNCIL: BAND B DEPOSIT £1442.00 (HELD UNDER 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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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 Victoria Road North, Southsea Unfurnished
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