3-bedroom flat · PO6 3AJ
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to welcome a true rarity to the rental market, this exquisite 3 bedroom penthouse, located in close proximity to QA Hospital, as well as many shops and amenities.
This former Bank has been tastefully converted into premium apartments providing a combination of stylish and modern living in a sought after and central location.
This property was purpose built as a bank and as such it is an incredibly well built and solid structure with concrete floors between each storey.
The penthouse is luxury personified and would make a stunning house for professionals.
Situated in the centre of Cosham High Street, the apartments offer close proximity to local amenities including shops, QA Hospital, doctors surgery and Cosham Railway Station, making it ideal for commuters.
The apartments will also include access to a resident car park, on a first come first serve basis.
This beautiful penthouse is arranged in excess of 100Sq Meters and the high-quality living space is complemented by solid oak doors, contemporary flooring, beautiful kitchens and luxury bathrooms, including master ensuite.
Specification Highlights - The living room and bedrooms have all been prewired for audio/visual (AV) to include terrestrial TV, HDMI and ethernet(for smart TV internet connectivity).
Each flat is also prewired for a wireless access point (WAP) to ensure strong wi-fi throughout each apartment Recessed ceiling spotlights to:- hallways, living/kitchens and bathrooms.
Electric heating (to radiators) and hot water systems. UPVC double glazing.
Mechanical Ventilation with Heat Recovery (MVHR) systems (no need to open windows and improves energy efficiency/reduces electricity running costs) Laminate flooring (waterproof) to hallways, living/kitchens and bathrooms and fitted carpets to bedrooms Howdens kitchens with built-in oven, hob and hoods Built-in wardrobes to all bedrooms, Grey wooden venetian slatted blinds to all windows, Security intercom entry systems, Large secure cycle storage room, Secure car parking (4 spaces – first come first served for residential apartments only).
All external walls are of cavity construction and have been internally insulated.
A fully integrated fire alarm system provides added security for residents and the apartments have all been converted in accordance with the latest building regulations affording very high levels of sound and fire protection.
Kitchen/Lounge/Diner - 4.93m x 7.47m (16'2" x 24'6") - Bedroom One - 3.71m x 3.78m (12'2" x 12'5") - Ensuite - 2.90m x 1.22m (9'6" x 4') - Bedroom Two - 3.76m x 3.96m (12'4" x 13') - Bedroom Three - 4.27m x 3.18m (14' x 10'5") - Ensuite - 1.60m x 2.97m (5'3" x 9'9") - Bathroom - 1.73m x 2.54m (5'8" x 8'4") - Removal Quotes - As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company.
Please ask a member of our sales team for further details and a quotation. Right To Rent - Each applicant will be subject to the right to rent checks.
This is a government requirement since February 2016. We are required to check and take a copy of the original version of acceptable documentation in order to adhere to the Right to rent checks.
This will be carried out at referencing stage. Please speak to a member of staff for acceptable Identification.
Tenant Fees Act 2019 - As well as paying the rent, you may also be required to make the following permitted payments.
For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant’s behalf) the following permitted payments: · Holding deposits (a maximum of 1 week’s rent); · Deposits (a maximum deposit of 5 weeks’ rent for annual rent below £50,000, or 6 weeks’ rent for annual rental of £50,000 and above); · Payments to change a tenancy agreement eg.
change of sharer (capped at £50 or, if higher, any reasonable costs); · Payments associated with early termination of a tenancy (capped at the landlord’s loss or the agent’s reasonably incurred costs); · Where required, utilities (electricity, gas or other fuel, water, sewerage), communication services (telephone, internet, cable/satellite television), TV licence; · Council tax (payable to the billing authority); · Interest payments for the late payment of rent (up to 3% above Bank of England’s annual percentage rate); · Reasonable costs for replacement of lost keys or other security devices; · Contractual damages in the event of the tenant’s default of a tenancy agreement; and · Any other permitted payments under the Tenant Fees Act 2019 and regulations applicable at the relevant time.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 High Street, Cosham
Explore nearby