3-bedroom flat · PO5 4DP
For saleListed 276 days
Opportunity summary
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About
THREE BEDROOM APARTMENT WITH NO FORWARD CHAIN! This purpose-built, first floor apartment can be found in the cul-de-sac location of South Street, Southsea.
Located within close proximity to an abundance of local amenities including bars and restaurants along Elm Grove and Castle Road, and being within walking distance of Portsmouth University, makes this home an ideal purchase for home owners or investment purchasers.
The accommodation includes; entrance hall, three good sized bedrooms, bathroom suite, separate cloakroom, fitted kitchen and living room, which leads out to an easterly facing balcony.
Gas central heating and double glazing complete the appeal. For an internal viewing, please contact the Southsea branch along Marmion Road.
COMMUNAL ENTRANCE Security intercom system, stairs to all floors, door to flat 31. HALLWAY Doors to all rooms, three storage cupboards, radiator, vinyl flooring.
BEDROOM ONE 11' 6" x 13' 3" (3.52m x 4.04m) Double glazed window to front elevation, carpeted, radiator, cupboard.
BEDROOM THREE 9' 0" x 7' 8" (2.75m x 2.34m) Double glazed window to front elevation, carpeted, radiator.
LIVING ROOM 16' 5" x 11' 5" (5.02m x 3.49m) Double glazed window to front elevation, feature fireplace, vinyl flooring, door to balcony.
BALCONY Easterly facing aspect, paved and enclosed by metal railings.
BATHROOM 6' 0" x 5' 2" (1.84m x 1.58m) Panel enclosed bath with shower attachment, pedestal mounted wash basin, heated towel rail, tiled flooring, obscure double glazed window to rear elevation.
WC Low level WC, wash basin, radiator, tiled flooring, obscure double glazed window to rear elevation.
BEDROOM TWO 12' 7" x 9' 1" (3.86m x 2.78m) Double glazed window to rear elevation, carpeted, radiator.
KITCHEN 11' 10" x 7' 8" (3.61m x 2.36m) Fitted kitchen comprising a range of wall and base level units incorporating roll top work surfaces, stainless steel sink and drainer unit, electric oven and hob with extractor hood over, space and plumbing for washing machine, space for fridge/freezer, wall mounted boiler, radiator, vinyl flooring, dual aspect double glazed windows.
AGENTS NOTE: COUNCIL TAX Band B.
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
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