1-bedroom flat · PO4 9LQ
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**GROUND FLOOR APARTMENT**SEAFRONT VICINITY**NO FORWARD CHAIN**RESIDENTS' CAR PARK** IDEAL BUY-TO-LET INVESTMENT** A fantastic opportunity to purchase this well-presented ground floor flat, situated just moments from the seafront.
The freshly laid flooring and full redecoration throughout make the property ready for hassle-free, immediate occupation.
The property benefits from a secure entry system, with a second internal door providing added privacy before reaching the flat's main entrance.
Inside, you'll find a welcoming hallway leading to an open-plan lounge and kitchen area, with direct access to the well-maintained communal garden.
The double bedroom overlooks the green communal grounds and includes a built-in cupboard for convenient storage. The modern, three-piece bathroom is mostly tiled and tastefully finished.
Further benefits include an intercom system, double-glazed windows throughout, and access to a residents' car park on a first-come, first-served basis.
Ideal buy for investors seeking a coastal property in a well-connected location. Offered with no forward chain. The current tenant is renting for £800 PCM.
Please contact our Southsea branch to arrange a viewing by appointment.
Room Dimensions (Approx.): Kitchen / Lounge - 19'10" x 9'2" Bedroom - 13'8" x 9'6" Bathroom - 9'1" x 4'5" Entrance Hall - 2'9" x 11'4"
Value & comps
No previous sales on record.
Returns
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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 Fort Cumberland Road, Southsea
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