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See how verdicts work2-bedroom flat · PO12 1EJ
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £130,000-£140,000*** A well-presented two-bedroom first-floor apartment, ideally situated within a popular residential area close to a range of local shops, amenities and everyday conveniences.
The property offers well-proportioned accommodation comprising an internally fitted kitchen, a good-sized living area, two bedrooms, and a family bathroom.
Further benefits include allocated parking within a secure undercover car park, providing both convenience and peace of mind.
The property is offered for sale with no forward chain, and no ground rent is payable, making it an attractive opportunity for first-time buyers, investors or those looking for a low-maintenance home in a convenient location.
***guide price £130,000-£140,000***A well-presented two-bedroom first-floor apartment, ideally situated within a popular residential area close to a range of local shops, amenities and everyday conveniences.
The property offers well-proportioned accommodation comprising an internally fitted kitchen, a good-sized living area, two bedrooms, and a family bathroom.
Further benefits include allocated parking within a secure undercover car park, providing both convenience and peace of mind.
The property is offered for sale with no forward chain, and no ground rent is payable, making it an attractive opportunity for first-time buyers, investors or those looking for a low-maintenance home in a convenient location.
Communal entrance entrance hall kitchen 10' 5" x 5' 10" (3.19m x 1.79m) lounge/diner 15' 7" x 14' 4" (4.75m x 4.37m) bedroom one 11' 6" x 11' 3" (3.52m x 3.45m) bedroom two 11' 6" x 6' 7" (3.52m x 2.01m) bathroom outside allocated parking tenure Leasehold Length of lease 125 years from 1st January 2000 Maintenance and service charges £1,351.80 with a reserve fund of £300.00 in total £1,651.80.
The owners of Cray House own the freehold to the development and each hold a share in a company that owns the freehold.
These details are provided to the best of our ability from the information provided to us by the owner, but a buyer should check the figures once the official leasehold enquiries from the management company/freeholder are received by their legal advisor as they can be subject to change.
This should be done before exchanging contracts to purchase the property.
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.
Area
Agent & docs
FAQ
About Flat 5 Cray House, 40, Stoke Road, Gosport
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