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See how verdicts work2-bedroom flat · PO1 2TB
For saleReduced £40k (−12.5%) on 25 OctListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DELIGHTFUL SEA VIEWS FROM ALL PRINCIPLE ROOMS IN THIS 7TH FLOOR APARTEMENT WHICH IS BEING SOLD WITH A SHARE OF FREEHOLD, GARAGE, LIFT AND NO ONWARD CHAIN.
Conveniently located in Old Portsmouth just a short walk to seafront and Southsea Common.
Other amenities and attractions nearby include Palmerston Road Shopping Precinct, cafes, bars, restaurants, Waitrose, Library, mainline train stations, Gunwharf Quays Shopping & Leisure Complex.
The accommodation comprises 2 good sized double bedrooms, fitted kitchen, shower room with separate WC, large double aspect lounge/dining room with sunny balcony offering stunning views over The Solent towards the Isle of Wight and Portsmouth Harbour Entrance.
Communal Entrance - Security intercom providing access to communal lobby with stairs and lift to 7th floor.
Flat front door to: Entrance Hall - Coved and textured ceiling, two good size storage cupboards, one with additional storage cupboards above, wall mounted security entry phone.
Lounge/Dining Room - 5.41m into bay x 6.05m (17'9 into bay x 19'10) - Great size double aspect room allowing plenty of natural daylight and offering delightful views over The Solent towards Isle of Wight, Portsmouth Harbour entrance and Southsea Common.
Double glazed doors leading onto sunny balcony. Balcony - 2.84m x 1.42m (9'4 x 4'8) - Sunny balcony offer delightul sea views, space for small table and chairs.
Kitchen - 3.99m x 2.29m (13'1 x 7'6) - Single drainer stainless steel sink unit with range of wall and base cupboards, oven, hob, extractor, fridge freezer, washing machine, plumbing for dishwasher, part tiled walls, vinyl flooring, coved and textured ceiling, double glazed window to side offering delightful views over The Solent and towards Portsmouth Harbour entrance.
Bedroom 1 - 3.96m x 3.96m (13' x 13') - Double glazed window to front with sea views over The Solent. Coved and textured ceiling, radiator, fitted wardrobes.
Bedroom 2 - 3.96m x 3.76m (13' x 12'4) - Double glazed window to front with sea views over The Solent. Coved and textured ceiling, radiator, fitted wardrobes.
Shower Room - 2.46m x x1.73m (8'1 x x5'8) - Double shower cubicle, wash hand basin with cupboards below, tiled walls and flooring, extractor, heated towel rail.
Cloakroom - 1.75m x 0.84m (5'9 x 2'9) - WC, wash hand basin with storage below, vinyl flooring, extractor. Garage - Up and over door.
Additional Information - Tenure - Share of freehold Length of Lease - 999 years from 07/07/2009 - 982 Years remaining Service Charge - £4660pa - Includes buildings insurance, heating and water rates Ground Rent - N/A Council Tax Band - Band E The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Blount Road, Old Portsmouth
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