1-bedroom flat · PO1 2PF
For saleListed 519 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this spacious one bedroom ground floor apartment, which is being offered with no forward chain, a private garden and an allocated parking space.
Located in Armory Lane, Old Portsmouth, this home is just a short walk from Guwharf Quays with excellent transport links to London.
Internally the accommodation comprises, one double bedroom, spacious bathroom, living room and a fitted kitchen. The property further benefits from gas central heating and double glazing.
Discerning purchasers are strongly recommended to put forward the earliest of enquiries to avoid disappointment.
Ground Floor Kitchen/ Living Room 23' 5'' x 17' 8'' (7.13m x 5.38m) Bathroom 9' 5'' x 5' 3'' (2.87m x 1.60m) Bedroom 11' 2'' x 9' 5'' (3.40m x 2.87m) AGENTS NOTE Tenure: Leasehold Lease Term: 960 years remaining.
Ground Rent: £100.00 per annum Service Charge: £3,000.00 per annum EPC Rating: 'TBC' Council Tax Band: 'B'
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
Agent & docs
FAQ
About Armory Lane, Old Portsmouth
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