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See how verdicts work2-bedroom flat · PO13 9LN
For saleReduced £25k (−7.1%) on 18 OctListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no forward chain, this top floor apartment is situated within the highly regarded Victory Court development, perfectly positioned in the heart of Lee-on-the-Solent just moments from the seafront, High Street shops, cafés and amenities.
One of the standout features of this apartment is the exceptional parking and storage on offer, something rarely found so close to the coast.
The property benefits from two allocated parking spaces, one within the secure gated residents’ car park and a second within the underground parking garage.
In addition, there is a private external storage locker, ideal for bicycles, paddleboards or other water sports equipment.
The development itself is well maintained and serviced by a lift to all floors, with this apartment occupying a desirable top floor position.
Internally, the living accommodation is arranged to the front of the property in order to maximise the coastal outlook.
The spacious lounge/diner opens onto a balcony enjoying sea views across the Solent towards the Isle of Wight, creating a fantastic space to relax or entertain.
Leading off the living area is a sleek and stylish modern kitchen fitted with a range of integrated appliances, offering a contemporary finish alongside excellent storage and preparation space.
To the rear of the apartment are two generous double bedrooms, both benefitting from fitted storage, whilst centrally positioned is a modern shower room.
The property is currently held on a shorter lease term, however any interested parties are encouraged to contact us directly as there is potential for a share of the freehold arrangement to be secured.
A rare opportunity to purchase a coastal apartment offering sea views, secure parking, extensive storage and an incredibly convenient central location.
Financial Services Mortgage & Protection - We have a team of advisors covering all our offices, offering a comprehensive range of mortgages from across the market and various protection products from a panel of lending insurers.
Our fee is competitively priced, and we can help advise and arrange mortgages and protection for anyone, regardless of who they are buying and selling through.
If you're looking for advice on borrowing power, what interest rates you are eligible for, submitting an agreement in principle, placing the full mortgage application, and ways to protect your health, home and income, look no further!
Aml - Anti Money Laundering Procedure We have a legal obligation to complete anti-money laundering checks. The aml check should be completed in branch.
Please call the office to book an aml check if you would like to make an offer on this property. Please note the aml check includes taking a copy of the two forms of identification for each purchaser.
A proof of address and proof of name document is required. Please note we cannot put forward an offer without the aml check being completed.
Buyer Verification Offer Check Procedure - If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position.
Our Sellers expect us to report on a Buyer's proceedability whenever we submit an offer.
Recommended Solicitors Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution.
The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid.
A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner.
We can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.
Leasehold Currently offered with a 68 year lease term Please speak with Bernards Estate Agents regarding the leasehold of the apartment.
We understand from the owners that there is the opportunity to own a share of the freehold. Bernards Estate Agents understand that use of the loft space will not be permitted under the current lease.
Disclaimer Statement These particulars are provided in good faith for general guidance only. They do not constitute statements of fact, nor do they form part of any offer or contract.
Prospective purchasers or tenants should not rely solely on the information provided and are strongly advised to carry out their own independent investigations and verifications in relation to all matters referred to within these details.
Neither Bernards Estate Agents, nor any of its employees or representatives, have the authority to make or give any representation or warranty whatsoever in relation to this property.
Council Tax Band D
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.
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FAQ
About 23 Victory Court, Marine Parade West, Lee-On-The-Solent
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