1-bedroom flat · PO13 9GE
Sold STCListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious one bedroom, second floor apartment is in Lee-on-the-Solent. Parking provided! Available on Shared Ownership resale you could buy with just a 5% deposit.
Featuring an open-plan kitchen / living area with Juliette balcony. The kitchen is fitted with an oven, hob and hood. The bedroom is a comfortable double. The bathroom has a modern, white suite.
Tenure: Leasehold. Council tax band: A. Service charge is reviewed once a year.
Price breakdown Full market value: £200,000.00 Minimum share value: £70,000.00 based on a 35% share Minimum share deposit: £3,500.00 based on a 5% deposit Estimated monthly service charge: £123.69 (reviewed once a year) Estimated monthly rent: £340.18 Estimated monthly payments: £841.45
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 4 Argus Road, Lee-on-the Solent, Lee-on-the Solent
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