2-bedroom flat · PO6 2DE
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Outstanding Upper Floor Retirement Apartment Flooded with natural light and offering an impressive sense of space throughout, this exceptional upper-floor retirement apartment provides over 1,080 sq.
Ft. Of beautifully presented accommodation in a sought-after development for the over 60s.
The standout feature is the remarkable dual-aspect sitting and dining room, an expansive living space extending over 21ft in length, where multiple windows create a bright and uplifting atmosphere throughout the day.
The adjoining modern kitchen benefits from a Velux window, enhancing the apartment’s airy feel and providing a wonderfully light workspace.
Both bedrooms are generously proportioned doubles, with the principal bedroom exceeding 20ft in length and offering excellent versatility for furniture arrangements.
A contemporary shower room and separate cloakroom add further practicality and convenience.
Simmonds Lodge offers an enviable lifestyle with attractive communal gardens, residents’ parking, a welcoming owners’ lounge, guest suite, fitness and wellbeing facilities, Lodge Manager and 24/7 Careline support.
Conveniently situated close to local amenities, bus routes and Queen Alexandra Hospital, this is retirement living at its most spacious, comfortable and convenient.
Leasehold Unexpired Years: 114 years and 4 months Annual Ground Rent and Annual Service combined: £ 5,825 Ground Rent Increase: Tbc Ground Rent Review Period: Tbc These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Additional information Materials used in construction: Ask agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Simmonds Lodge is situated on Havant Road in the popular residential area of Drayton, offering convenient access to a wide range of local amenities, shops, cafés and everyday facilities.
The area is well served by public transport, with excellent road links providing easy access to Portsmouth, Havant and the surrounding areas.
Nearby green spaces and recreational facilities provide opportunities for outdoor leisure, while the property is also within easy reach of highly regarded schools, making this a popular location for a range of buyers.
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 Apartment 46, Simmonds Lodge, 93, Havant Road, Portsmouth
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