2-bedroom house · PO4 8GS
For saleListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**TWO BEDROOM SECOND FLOOR RETIREMENT APARTMENT** **RECENTLY REDECORATED AND NEW CARPET THROUGHOUT** Welcome to Summerson Lodge!
Churchill Sales & Lettings are delighted to be marketing this wonderful two bedroom apartment. The property provides spacious accommodation and is presented in fantastic order throughout.
The Living Room offers ample space for living and dining room furniture. A large window provides lots of natural light and a door leads through to the Kitchen.
The Kitchen offers a range of eye and base level units with working surfaces over and tiled splashbacks. There is a built-in waist height oven, 4 ring electric hob, fridge and freezer.
A window provides light and ventilation. Bedroom One is a good-sized double with a built-in mirrored wardrobe.
There is plenty of space for additional furniture if desired and a window keeps this lovely bedroom bright and airy. Bedroom Two is another good-sized double room.
This room could also be used as a separate Dining Room Study or Hobby Room.
The modernised Shower Room offers a large walk-in shower with handrails, a shower seat, a WC, wash hand basin and a heated towel rail.
Perfectly complimenting this wonderful apartment are two useful storage cupboards located in the hallway. Call us today to book your viewing!
Summerson Lodge is a delightful gated development of 76 one and two bedroom apartments in Milton, a suburb of the historic waterfront city of Portsmouth.
The Lodge is perfectly situated for the local shops and amenities and is close to both Milton and Bransbury Parks.
Portsmouth Historic Dockyard is a great local attraction and home to HMS Victory, HMS Warrior and the Mary Rose Museum, all next to the Spinnaker Tower for great views to the Isle of Wight and across the South Downs.
Close by is the popular shopping centre Gunwharf Quays with over 95 stores and restaurants, a health and fitness centre and a 14 screen cinema.
Summerson Lodge is well connected for transport with bus stops right outside and rail links into London, Brighton and Cardiff.
The Lodge manager is on hand throughout the day to support the Owners and keep the development in perfect shape as well as arranging many regular events in the Owners’ Lounge from coffee mornings to games afternoons.
A Guest Suite is available for your friends and family to stay in. In addition, you are entitled to use the Guest Suites at all Churchill Living developments across the country.
Prices are available from the Lodge Manager. Summerson Lodge has been designed with safety and security at the forefront.
All apartments and communal areas have an emergency Careline system installed, monitored by the onsite Lodge Manager during the day and 24 hours, 365 days a year by the Careline team.
A Careline integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Summerson Lodge is managed by the award winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Summerson Lodge requires at least one apartment resident to be over the age of 60 with any second resident over the age of 55 Service Charge (Year ending 31st May 2027): £3,686.38 per annum.
Ground rent: £713.38 per annum. To be reviewed May 2026. Council Tax: Band B 125 year Lease commencing 2012 Please check regarding Pets with Churchill Estates Management.
Any consents given in relation to pets are subject to the terms of the lease and any further rules and regulations made by Churchill Estates Management.
Service charges include: Careline system, buildings insurance, water and sewerage rates, communal cleaning, utilities and maintenance, garden maintenance, lift maintenance, lodge manager and a contribution to the contingency fund.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Summerson Lodge, Southsea, Hampshire
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