2-bedroom flat · PO6 2QH
Sold STCListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Soane Estate Agents are delighted to present this spacious two-bedroom apartment, ideally located close to the centre of Cosham.
A fantastic opportunity for first-time buyers or investors, offering generous living space and plenty of potential to modernise and make your own. Viewings advised.
Council Tax Band: B Tenure: Leasehold (103 years) Ground Rent: £25 per year Service Charge: £1,295 per year Outside An attractive purpose-built apartment block situated within a well-established residential setting, benefiting from secure communal entry.
Conveniently positioned with good access to local amenities and transport links.
Hall A spacious inner hallway providing access to the accommodation, finished in neutral tones with fitted carpet flooring and a bright, minimalist feel.
The space benefits from a practical layout and offers a clean and well-presented introduction to the property.
Reception Room A generously sized reception room enjoying plenty of natural light through dual aspect windows, creating a bright and airy atmosphere throughout.
Finished in neutral tones with fitted carpeting, the space offers excellent versatility for both living and dining arrangements.
Bedroom 1 A spacious double bedroom featuring a large front aspect window allowing for plenty of natural light.
Finished in neutral tones with fitted carpeting, the room provides a bright and comfortable space with room for freestanding furniture.
Bedroom 2 A back facing bedroom finished in neutral tones with fitted carpeting throughout. The room offers a versatile space ideal for use as a bedroom, home office, or dressing room.
Kitchen A fitted kitchen offering a range of wall and base units with contrasting work surfaces and ample preparation space.
The room is well-lit via a rear aspect window and benefits from a practical layout with space for appliances, making it ideal for day-to-day use.
Bathroom A fully tiled bathroom fitted with a three-piece suite comprising a panelled bath with shower screen, wash hand basin, and WC.
The room has a neutral finish and benefits from a frosted rear window allowing for natural light and ventilation.
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 Park Mansions, Magdala Road Cosham, Cosham, Portsmouth
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