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See how verdicts work7-bedroom flat · PO1 5QT
For saleReduced £35k (−6%) on 21 OctListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EXCELLENT INVESTMENT OPPORTUNITY! An exciting opportunity to purchase a freehold building in South Road, Fratton.
The property was built in 2018 and accommodation consists of four separate self-contained apartments, all currently let generating an annual income £48,840 (subject to all four apartments being let).
Viewings strictly by appointment, contact Jeffries & Dibbens, Portsmouth for more details and to arrange your internal viewing.
FLAT 1, SERENDIPITY LODGE PVC DOUBLE GLAZED FRONT DOOR ENTRANCE HALL Built in storage cupboard, opening to.
LOUNGE/KITCHEN 20' 8" max x 13' 9" max (6.3m x 4.19m) PVC double glazed window to front aspect, wooden velux window to rear aspect, wall mounted electric heater, kitchen comprises range of wall and base units with roll top work surfaces, stainless steel sink with drainer unit, space for electric cooker, space for fridge, doors to.
SHOWER ROOM Walk in shower cubicle with electric shower over, low level WC, pedestal mounted wash basin, electric heated towel rail, space and plumbing for washing machine.
BEDROOM 9' 8" x 9' (2.95m x 2.74m) PVC double glazed window to side aspect, wall mounted electric heater. REAR COURTYARD Laid to paving, fully enclosed. FRONT COURTYARD Laid to paving, fully enclosed.
FLAT 2, SERENDIPITY LODGE WOODEN GATE LEADING TO COURTYARD Laid to concrete, PVC double glazed door leading to.
LOUNGE 15' x 14' 2" (4.57m x 4.32m) PVC double glazed bay window to front aspect, wall mounted electric heater, cupboard housing electric meter, door to bedroom two, opening to.
KITCHEN 9' 5" x 6' 11" (2.87m x 2.11m) Range of wall and base units with roll top work surfaces, space for electric cooker, space and plumbing for washing machine, stainless steel sink with drainer unit, tiled splash backs.
BATHROOM Walk in shower cubicle with electric shower over, close coupled WC, pedestal mounted wash basin, electric heated towel rail.
BEDROOM ONE 14' x 9' (4.27m x 2.74m) PVC double glazed bay window to rear aspect, wall mounted heater.
BEDROOM TWO 9' 3" x 7' 9" (2.82m x 2.36m) PVC double glazed window to side aspect, wall mounted heater.
FLAT 3 SERENDIPITY LODGE WOODEN FRONT DOOR LOUNGE/KITCHEN 16' 2" max x 12' 2" (4.93m x 3.71m) PVC double glazed window to front aspect, PVC double glazed door to front aspect leading to balcony, wall mounted electric heater, kitchen comprises base units with roll top work surfaces, space for electric oven, space for fridge/freezer, doors to.
BEDROOM ONE 10' 3" x 9' 1" (3.12m x 2.77m) PVC double glazed window to side aspect, wall mounted electric heater.
BATHROOM Walk in shower with electric shower over, close coupled WC, pedestal mounted wash basin, space and plumbing for washing machine.
BEDROOM TWO 13' x 7' 3" (3.96m x 2.21m) PVC double glazed window to side aspect, wall mounted electric heater. FLAT 4 SERENDIPITY LODGE WOODEN FRONT DOOR HALLWAY Door to.
BEDROOM ONE 14' 3" into bay x 9' 5" (4.34m x 2.87m) PVC double glazed bay window to front aspect, wall mounted electric heater, built in wardrobe.
SHOWER ROOM Walk in shower cubicle with electric shower over, pedestal mounted wash basin, close coupled WC, wall mounted electric heated towel rail, tiled to principal areas.
LOUNGE/KITCHEN 23' 11 narrowing to 12'" x 17' 3" (7.29m x 5.26m) Two PVC double glazed windows to front aspect, PVC double glazed window to side aspect, PVC double glazed door to front aspect leading to balcony, two wall mounted electric heaters, kitchen comprises wall and base units with roll top work surfaces, stainless steel sink with drainer unit, space for electric cooker, space and plumbing for washing machine, space for fridge/freezer, door to.
BEDROOM TWO 11' 6" x 8' 2" (3.51m x 2.49m) PVC double glazed window to side aspect, wall mounted electric heater. COUNCIL TAX BAND - A
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
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.
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FAQ
About South Road, Fratton
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