1-bedroom flat · PO1 3GT
For saleListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on sought-after Admiralty Road, this well-presented one-bedroom apartment offers an outstanding investment opportunity with a tenant already in situ, generating an impressive £1,070 per calendar month from day one.
Built in 2008, this modern purpose-built apartment extends to approximately 409 sq ft and has been thoughtfully designed to maximise both space and comfort.
The property is presented in excellent condition throughout, offering a bright and contemporary living environment that continues to appeal to tenants seeking quality accommodation in a highly convenient location.
The accommodation comprises a spacious reception room, a well-proportioned double bedroom, a modern fitted kitchen, and a stylish bathroom, all finished to a good standard.
The property also benefits from an allocated parking space, a highly desirable feature that further enhances its rental appeal.
Located within easy reach of Portsmouth's city centre, transport links, waterfront attractions, and major employers, the flat occupies a prime position in an area that enjoys consistent tenant demand.
Its modern construction, low-maintenance nature, and attractive presentation make it an easy-to-let investment with broad appeal to professional tenants.
Offered with no onward chain and a tenant already in place, this is a turnkey investment opportunity providing immediate rental income and long-term potential in one of Portsmouth's most convenient locations.
Lease Details Lease Remaining - 107 years Service Charge - £1402.49 every 6 months Ground Rent - £75 every 6 months
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
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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 28 Queen Anne House, Admiralty Road, Portsmouth
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