3-bedroom flat · PO1 3FT
Listing removedListed 150 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented large Three bedroom apartment, comprising of spacious Entrance Hall with storage, Two Double Bedrooms with an En-Suite to the master, a third good size Single Bedroom and a further family Bathroom.
There is a modern fully fitted Kitchen with integrated appliances, spacious Living area opening on to the Balcony with views across Portsmouth.
The property has the benefit of a security entrance system, lift access and allocated off road parking as well as community scheme central heating.
Located in the popular area of Admiralty Quarter, there are plenty of local shops nearby with Gunwharf Quays and Cascades a short 10 minute walk away.
Other great leisure opportunities in the area with University Campus buildings within walking distance. The M27, A27 and A3 are easily accessible with other transport links throughout the city.
Available July 2026 on a fully Furnished Basis. Contact LetCo Today for more Information and to arrange your Viewing!
IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. LET170120/
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Pennant House, Cross Street, Portsmouth, PO1
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