2-bedroom flat · PO12 1NX
For saleListed 291 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly decorated and carpeted 2 bed 3rd floor flat located centrally for bus stops and Stoke Road facilities. The accommodation offers a newly fitted kitchen, modern shower room, lounge with balcony.
There are 2 lifts, communal swimming pool and communal garden area. Communal Entrance Lift or stairs to each floor. The flat is located on the 3rd floor.
Entrance Hall Composite front door with triple glazed panels, airing cupboard with shelving, coved ceiling.
Lounge - 16'3" (4.95m) x 13'8" (4.17m) Double glazed bi-fold doors to balcony, storage heater, coved ceiling, 2 wall uplighters.
Kitchen - 9'10" (3m) x 7'10" (2.39m) Comprising single drainer stainless steel sink unit, white fronted wall and base units with worksurface over, built in oven and 4 ring induction hob, plumbing for washing machine and dishwasher, space for fridge/freezer, coved ceiling, PVCu double glaze window, tiled splashbacks.
Bedroom 1 - 14'11" (4.55m) x 8'11" (2.72m) PVCu triple glazed window, storage heater, coved ceiling, wall to wall fitted wardrobes with sliding doors with shelves and rails.
Bedroom 2 - 11'6" (3.51m) x 8'10" (2.69m) PVCu triple glazed window, storage heater, coved ceiling, cupboard recess with rails.
Shower Room Double size shower cubicle with Triton shower, vanity hand basin with cupboard under, low level W.C., tiled walls, extractor fan, illuminated vanity mirror, wall heater.
Communal Facilities Communal garden, swimming pool and casual parking. Tenure Leasehold. Balance of a 999 year lease from 2023. No ground rent, current maintenance charge approx £250.00 per month.
Leventhorpe Court have purchased the freehold to the development and each hold a share in a company that owns the freehold.
These details are provided to the best of our ability from the information provided to us by the owner, but a buyer should check the figures once the official leasehold enquiries from the management company/freeholder are received by their legal advisor as they can be subject to change.
This should be done before exchanging contracts to purchase the property. Services We understand that this property is connected to mains electric, water and sewage. There is no gas to this property.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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 Elmhurst Road, Gosport
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