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See how verdicts work2-bedroom flat · PO12 1EJ
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a highly desirable penthouse position, this impressive apartment offers a wonderful combination of generous living space, excellent outside accommodation and breathtaking views across to the Isle of Wight.
The spacious lounge is an inviting and versatile reception room, while the fitted kitchen provides a practical and well-appointed space.
The principal bedroom benefits from its own en-suite shower room, creating a comfortable and private retreat.
A further double bedroom provides excellent additional accommodation, complemented by a family bathroom, completing the internal offering.
Externally, the property continues to impress with two balconies, both making the most of the elevated position, providing the perfect spaces to sit back, relax and enjoy the stunning far-reaching outlook.
The apartment also benefits from allocated parking within an undercover car park, together with the valuable addition of a private garage, providing secure parking and useful storage.
Occupying a highly desirable penthouse position, this impressive apartment offers a wonderful combination of generous living space, excellent outside accommodation and breathtaking views across to the Isle of Wight.
The spacious lounge is an inviting and versatile reception room, while the fitted kitchen provides a practical and well-appointed space.
The principal bedroom benefits from its own en-suite shower room, creating a comfortable and private retreat.
A further double bedroom provides excellent additional accommodation, complemented by a family bathroom, completing the internal offering.
Externally, the property continues to impress with two balconies, both making the most of the elevated position, providing the perfect spaces to sit back, relax and enjoy the stunning far-reaching outlook.
The apartment also benefits from allocated parking within an undercover car park, together with the valuable addition of a private garage, providing secure parking and useful storage.
Communal entrance hall lift entrance hall lounge 18' 6" x 155' 10" (5.66m x 47.5m) kitchen 15' 7" x 7' 4" (4.75m x 2.24m) bedroom one 18' 4" x 16' 4" (5.61m x 4.98m) bedroom two 17' 5" x 8' 5" (5.33m x 2.57m) bathroom outside balcony 10' 4" x 9' 1" (3.15m x 2.77m) Off Of Lounge balcony 11' 5" x 9' 10" (3.48m x 3.02m) Off of Master Bedroom allocated parking Undercover parking in secure gated car park.
Garage tenure Leasehold Length of Lease, 125 years from January 1st 2000 Service Charge £2256 pa with £300 reserve fund payable; total pa £2556 The owners of Cray House own the freehold to the development and each hold a share in a company that owns the freehold.
No Ground rent payable.
These details are provided to the best of our ability from the information provided to us by the owner, but a buyer should check the figures once the official leasehold enquiries from the management company/freeholder are received by their legal advisor as they can be subject to change.
This should be done before exchanging contracts to purchase the property.
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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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
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FAQ
About Penthouse, 25, Cray House, Gosport
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