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See how verdicts work1-bedroom house · PO5 3HZ
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1 BEDROOM 2ND FLOOR RETIREMENT APARTMENT FOR OVER 60'S.
Located in this extremely convenient area just a very short walk to Palmerston Road Shopping Precinct, Waitrose, bars, restaurants, cafes, coffee shops, library, bus routes, seafront and Southsea Common.
The accommodation comprises a double bedroom with fitted wardrobe, lounge/dining room, fitted kitchen, shower room, entrance hall with good size storage cupboard.
Other benefits include communal lounge, laundry room, house manager, well maintained communal gardens and onsite parking. Offered with no chain.
Communal Entrance - Security intercom allowing access to communal entrance with stairs and lift to 2nd floor.
Flat front door to: Entrance Hall - Coved and textured ceiling, wall mounted security intercom, good size storage cupboard housing hot water tank, electric meter and electric consumer unit.
Lounge/Dining Room - 5.97m x 3.20m (19'7 x 10'6) - Double glazed window to side, coved and textured ceiling, electric heater, television point.
Doors to: Kitchen - 2.57m max x 2.26m (8'5 max x 7'5) - Double glazed window to side, single drainer stainless steel sink unit with wall and base cupboards and work surfaces over, built in oven, hob and extractor, space for fridge freezer, vinyl flooring, part tiled walls, coved and textured ceiling, electric heater.
Bedroom - 4.75m max x 2.79m (15'7 max x 9'2) - Double glazed window to side, electric heater, coved and textured ceiling, built in wardrobe.
Shower Room - Walk in shower with electric Mira shower, WC, wash hand basin with storage below, part tiled walls, non slip flooring, coved and textured ceiling, extractor, electric heater.
Additional Information - Tenure - Leasehold Lease - 125 Years from1st June 1997 - 96 Years remaining approximately Service Charges - £2321.90pa Ground Rent - £510.18pa The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Queens Crescent, Southsea
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