We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SO14 3LJ
No longer listedListed 1374 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***BEAUTIFUL WATER VIEWS*** Constructed in 2015, this exquisite two double bedroom, duplex maritime apartment reveals 102 square metre accommodation, expansive south facing roof terrace with elevated views, utility room, walk-in dressing room with bespoke Sharps cupboards, two allocated parking spaces, two ensuite shower rooms and is also situated 0.8 miles from Southampton City centre.
Walking into the apartment you are welcomed into a refreshing white wall entrance hall with three useful storage cupboards.
The open plan modern day living lounge is located on the south aspect of the building and provides floor to ceiling windows with electric blinds a tastefully designed kitchen with built-in appliances and an ideal spill out roof terrace where guests can dine al fresco.
The seventh floor also comprises of a walk-in utility room/cloakroom and a modern staircase with a sizeable landing window.
The eighth floor delivers panoramic skyline views across the marina and beyond.
The master bedroom with a L-shape balcony, walk-in dressing room and a generously sized ensuite shower and bathroom suite.
The second bedroom is also double in size and merits a further ensuite shower room.
SERVICE CHARGE: £5,360 PA GROUND RENT: £200 PA LEASE: 117 YEARS COUNCIL TAX BAND E: £2391.01 Agent Notes- ‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.’’ ‘’Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £96 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.’’
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 187 The Blake Building Admirals Quay
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