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See how verdicts work2-bedroom flat · PO34 5AS
For saleReduced £5k (−3.5%) on 26 OctListed 296 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND LEVEL LIVING MOMENTS FROM BEACH AND AMENITIES!
Tucked away in a sought after setting within the charming seaside village of Seaview, this GROUND FLOOR apartment offers ideal accommodation for those seeking a first, second, retirement or investment home.
The property - with a lovely outlook across the High Salterns grounds (and even offering sight of Portsmouth's Spinnaker Tower!) - features a sitting room with archway through to the fitted kitchen, 2 BEDROOMS and bathroom.
One of the standout features is the lovely large well-maintained communal LAWNED GARDENS which offers a serene outdoor space for residents to enjoy, as well as hidden-from-view clothes drying area.
Further benefits include a private CAR PORT plus visitors' parking area.
The local area offers a variety of shops, art galleries, eateries, bars and Yacht Club, plus the wonderful beaches - an idyllic and most convenient setting.
With some 'cosmetic' upgrading required, this is an ideal CHAIN FREE home on which to 'put one's own stamp'.
Accommodation: - From a covered area (housing electric meters and consumer unit), private door into: Sitting Room: - A cosy, carpeted reception room with large double glazed window to front over-looking the gardens and even a glimpse of the mainland and the Spinnaker Tower.
Fitted wall electric fire. Door to inner hall.
Archway through to: Kitchen: - Fitted kitchen comprising matching range of wood fronted cupboard and drawer units with contrasting work surfaces over incorporating inset 1.5 bowl sink unit.
Tiled splashbacks. Electric cooker point. Space for fridge. Inner Hallway: - Carpeted hall with deep cupboard housing insulated hot water tank with immersion and slatted shelving.
Doors to: Bedroom 1: - Good sized carpeted double bedroom with double glazed window to rear over-looking rear garden area.
Bedroom 2: - Small, carpeted double bedroom with double glazed window to rear.
Bathroom: - White suite comprising bath with 'Neptune' shower over and folding screen with tiled surrounds; pedestal wash basin, w.c. Mirror fronted bathroom cabinet. Extractor.
Gardens: - There are lovely lawned gardens surrounding the High Salterns development with stepping stones leading to the centre - where there is a lovely seating area ...
the perfect spot for a picnic/reading/socialising, etc. A 'hidden from view' clothes drying area. Carport: - There is a good sized car port (labelled 12a) to the rear of which is a storage unit.
Tenure: - Leasehold: 500 Years from June 1976 Service Charge 24/25 - £785 (£432 every 6 months) Ground Rent - Nil Restrictions: No pets or holiday lets are permitted Other Property Facts: - Council Tax Band: B Conservation Area: No Flood Risk: Very Low Sellers' Situation: Chain Free Heating: Electric ceiling heating/wall mounted electric fire Disclaimer: - Floor plan and measurements are approximate and not to scale.
We have not tested any appliances or systems, and our description should not be taken as a guarantee that these are in working order.
None of these statements contained in these details are to be relied upon as statements of fact.
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
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FAQ
About High Salterns, Seaview, PO34 5AS
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