2-bedroom flat · PO4 9XP
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3074842. Only 2 bed flat with a roof terrace on the Marine Gate site Exclusive grounds, Sea Views and parking First time available to rent since 2021!
Converted in 1998 from one of the original buildings in this former Royal Marines barracks.
Located in a sought after listed building with a stunning roof terrace commanding lovely views across the largest private gardens in Portsmouth, parade ground, Southsea beach and the Solent beyond.
Conveniently located for all shops, schools and amenities in the center of the city and yet the private gated estate is an oasis of calm which unusually for the city is tranquil in the evenings.
The accommodation includes entry via a ground floor intercom to the hallway on the first floor.
A large lounge with full height Victorian ceilings and windows with and a door leading to a private roof terrace - ideal for alfresco dining, barbecues or simply enjoying the sun and reading.
Alternatively, you can sit on the private lawns just back from the Seafront on the well managed estate.
The bathroom features a bath with square integral overhead and hand shower which makes it accessible for using a shower seat.
A well fitted kitchen is accessed off the lounge and includes a washing machine, dishwasher and space for a fridge freezer. Hot water and central heating are provided by a gas boiler.
There are 2 double bedrooms at the rear of the apartment complete with period windows allowing plenty of afternoon sun in. This property would suit couples, families and students.
The interior furnished photographs are circa 6 years ago as the property is now unfurnished. No canvassing please from other letting agents.
Summary & Exclusions: - Rent Amount: £1,400.00 per month (£323.08 per week) - Deposit / Bond: £1,400.00 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 12 November 2026 - Maximum number of tenants is 4 - Students welcome to enquire - Smokers considered - Bills not included - Property has parking - Property has garden access - EPC Rating: D If calling, please quote reference: 3074842 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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 Flat, The Colonnades Royal Gate, Southsea
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