2-bedroom flat · PO13 9LW
Sold STCReduced £15k (−4%) on 30 JunListed 384 days
Opportunity summary
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About
* Enjoying a prime position along Marine Parade West is this spacious ground floor apartment benefiting from stunning views of the Solent and Isle of Wight.
This rare opportunity presents two double bedrooms, rear garden, garage and parking.
* The Accommodation Comprises UPVC double glazed front door to; Entrance Porch UPVC double glazed windows to front elevation enjoying panoramic views of the Solent and Isle of Wight, UPVC double glazed front door to; Entrance Hall Coved ceiling, radiator, laminate flooring, smoke alarm, deep storage cupboard with light and coat hooks.
Lounge (15' 3'' x 12' 3'' (4.64m x 3.73m) plus bay) UPVC double glazed bay window to front elevation enjoying superb views across the Solent and Isle of Wight, feature fireplace with decorative surround and electric fire inset, radiator.
Kitchen (11' 4'' x 9' 7'' (3.45m x 2.92m)) Coved ceiling, UPVC double glazed window to side elevation, wall mounted Valiant combination boiler, shelves inset to alcove, range of base and eyelevel units, drawer units, rolltop worksurface, stainless steel single drainer sink unit with mixer tap, integrated under counter fridge and freezer, integrated double electric oven, gas hob with extractor hood over, storage cupboard housing meters and fuse box, UPVC double glazed window and door to: Conservatory (10' 6'' x 7' 1'' (3.20m x 2.16m)) UPVC double glazed windows and door to rear garden, radiator, polycarbonate roof.
Bedroom One (15' 3'' x 11' 6'' (4.64m x 3.50m)) Coved ceiling, UPVC double glazed window to rear elevation overlooking the rear garden, radiator.
Bedroom Two (13' 3'' x 12' 3'' (4.04m x 3.73m) plus bay) Coved ceiling, UPVC double glazed bay window to front elevation enjoying superb views across the Solent and Isle of Wight, radiator.
Shower Room (9' 4'' x 5' 9'' (2.84m x 1.75m)) Two obscured UPVC double glazed window to side elevation, close coupled WC, pedestal wash hand basin, double shower cubicle with mains shower, extractor fan, wall mounted heater, ladder style radiator.
Outside To the rear or the property is a delightful garden mainly laid to lawn with flower beds, there is rear pedestrian access and courtesy door to garage with parking space beyond.
Lease Information The vendor informs us at the time of instruction of the following lease information.
We would however suggest this information is verified by your legal representative before exchange of contracts. Lease: In the process of being extended to 999 years.
Ground Rent: £Nil per annum Service Charge: £Nil per annum General Information Construction - Traditional Water Supply – Portsmouth Water Electric Supply – Mains Gas Supply - Mains Sewerage - Mains Mobile & Broadband coverage - Please check via: Flood risk - Please check via:
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 41, Marine Parade West, Lee-On-The-Solent
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