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See how verdicts work1-bedroom flat · PO6 2DE
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose-built, one-bedroom retirement apartment set within a prestigious development.
Apartment 49 occupies a top-floor rear position and offers a hallway, shower room, double bedroom, a 17’ sitting/dining room and a separate kitchen fitted with appliances.
Property summary A purpose-built, one-bedroom retirement apartment set within a prestigious and highly regarded development.
Apartment 49 occupies a top-floor rear position and offers a welcoming hallway, shower room, double bedroom, a 17' sitting/dining room and a separate kitchen fitted with a selection of appliances and also benefits from floor coverings throughout and double glazing.
Residents can enjoy an excellent range of communal amenities, including a residents lounge, private gardens, parking and lift service to all floors.
Further facilities on the ground-floor reception level include a guest suite, a bar-style communal kitchen, hairdressing room, gym, activity room, buggy storage and the Lodge Manager's office.
Designed exclusively for residents aged 55 and over the development has been finished to a high standard with comfort and tranquillity in mind.
Features include a Care Tech alarm system, secure access and a varied programme of social activities.
Conveniently located close to a bus stop, medical centre, local shops and Queen Alexandra Hospital, this attractive apartment is highly recommended for viewing.
Entrance From Havant Road proceed across the car park to the communal doors, entry phone system, leading to lobby, then into the owners lounge with kitchen area, fitness suite, the Lodge managers office and reception, cloakroom, guest suite and 'Wellbeing' suite as well as the battery car store and a refuse room, also on this level there is also an information board referring to up and coming events including coffee mornings, owners meetings and quiz nights.
Lift service rising to all floors, on reaching the third floor proceed along the corridor to the rear.
Apartment 49 Main front door with doorbell and spy-hole leading to: Hallway Illuminated lighting, textured ceiling with coving, access to loft space, ceiling lights, Care Tech alarm system, controls for heating, large walk-in storage cupboard with automated light, range of shelving, electric consumer box.
Sitting room 17' 11" x 10' 4" (5.46m x 3.15m) Glazed panelled door to hallway, textured ceiling with coving, high level power points, fire surround with pebble inlay electric fire, double glazed window to side aspect overlooking East Cosham Road, electric heater, glazed panelled door leading to kitchen, entry phone system.
Kitchen 9' 2" x 6' 9" (2.79m x 2.06m) Double glazed windows to side aspect overlooking East Cosham Road, range of matching wall and floor units with work surface, inset Blanco stainless steel sink unit with mixer tap and cupboard space under, integrated Zanussi washing machine with matching door, range of drawer units, inset four ring Zanussi hob with extractor hood, fan and light over, ceramic tiled surrounds, power points, integrated fridge and freezer with matching doors, wine rack, under unit lighting, eye-level Zanussi oven with drawer and cupboards under and cupboard over, textured ceiling and spotlights, extractor fan, vinyl flooring, Dimplex heater.
Bedroom 12' 9" x 9' 8" (3.89m x 2.95m) Double glazed window to side aspect overlooking East Cosham Road, high level power points, panel heater, textured ceiling with coving, cushioned flooring, double mirror doored wardrobe to one wall with hanging space and shelving, power points.
Shower room Fully ceramic tiled to walls, concealed cistern w.c.
And shelf over, wash hand basin with mixer tap and cupboards under, medicine cabinet and pelmet light over, heated towel rail, corner shower cubicle with curved panelled doors, textured ceiling, spotlights, extractor fan, vinyl flooring.
Tenure Leasehold – 125 year from new in 2016 (115 years remaining). Maintenance The annual charge of £1,775.00 (approx. Paid half yearly) inc.
The central heating & hot water, lift service, communal garden maintenance, window cleaning, the care tech alarm system, general maintenance and the services of the lodge manager.
Please note these charges are subject to confirmation from Churchills management pack that will be supplied to buyers conveyancers.
Ground rent £555.00 per annum, paid half yearly in December and June.
Please note these charges are subject to confirmation from Churchills management pack that will be supplied to buyers conveyancers.
Agents notes Council Tax Band C – Portsmouth City Council Broadband – adsl/fttc/FTTP Fibre Checker () Flood Risk – Refer to - ( () aml Checks - By Law and in compliance with hmrc regulations, all agents are required to carry out Anti-Money Laundering (aml) checks on any buyer(s) who submit a successful offer.
A non-refundable administration fee of £60 inc. VAT to cover these costs is payable by the buyer(s) before the sales transaction can be progressed.
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.
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FAQ
About 49 Simmonds Lodge, 93, Havant Road, Portsmouth
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