1-bedroom house · PO13 9FE
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Situated in the delightful Anchorage Court is this impressive top floor one bedroom retirement apartment located on the seafront and enjoying outstanding views across the Solent & Isle of Wight.
This apartment is offered for sale with no forward chain.
* The Accommodation Comprises Communal front door with secure entry system to: Communal Entrance Hall Residents lounge, communal laundry room, lift to all floors.
Entrance Hall Cupboard housing consumer unit and electric meter, smoke alarm, deep storage cupboard with shelving and heating system, secure key box.
Lounge/Dining Room (19' 0'' x 10' 9'' (5.79m x 3.27m) maximum measurements) Sliding UPVC doors to balcony enjoying extraordinary views across the Solent & Isle of Wight, electric fireplace with decorative surround, Fischer Future Heat radiator, double opening glazed doors to: Kitchen (7' 4'' x 5' 4'' (2.23m x 1.62m) irregular shaped room) UPVC double glazed window to front elevation enjoying views of the Solent, fitted with a range of base cupboard and matching eye level units, roll top work surfaces, tiled surround, stainless steel sink unit, eye level oven, electric hob with extractor hood over, integrated fridge and freezer, Bosch washing machine.
Bedroom (17' 1'' x 9' 1'' (5.20m x 2.77m)) UPVC double glazed window to front elevation enjoying views of the Solent & Isle of Wight, wall mounted heater, built-in wardrobe with mirror fronted folding doors.
Shower Room (6' 9'' x 5' 6'' (2.06m x 1.68m)) Extractor fan, close coupled WC, wash hand basin set in vanity unit, shower cubicle with a handrail and mains shower over, heated towel rail, wall mounted heater, emergency pull cord.
Outside The property benefits from communal gardens and residents parking (subject to availability).
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: Tbc years from Nov 2007 Ground Rent: Tbc Service Charge: Tbc General Information Construction - Traditional Water Supply – Portsmouth Water Electric Supply – Mains Sewerage - Mains Mobile & Broadband coverage - Please check via: Flood risk - Please check via:
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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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 38 Anchorage Court, Marine Parade East, Lee-On-The-Solent
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