2-bedroom house · PO13 9FE
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* A rare opportunity to purchase this two bedroom seafront retirement apartment situated in the sought after Anchorage Court development at Lee on the Solent.
Located on the first floor and enjoying spectacular views of the Solent & Isle of Wight, this spacious apartment benefits from two double bedrooms & balcony * The Accommodation Comprises Communal Entrance Hall Secure communal entry door to communal entrance hall with managers office, communal lounge, laundry room and access to guests suite, lift and stairs to all floors.
Apartment Entrance Hall Coved ceiling, thermostat control to wall, emergency pull cord, phone system for communal front door, wall mounted electric storage heater, cupboard with shelving, further cupboard with shelving and hot water tank.
Lounge/Dining Room (21' 4'' x 10' 8'' (6.50m x 3.25m)) Coved ceiling, UPVC double glazed window and door to balcony enjoying views of the Solent and Isle of Wight, electric fireplace, wall mounted electric storage heater, glazed double opening doors to: Kitchen (7' 4'' x 7' 0'' (2.23m x 2.13m)) UPVC double glazed window to front elevation enjoying views of the Solent and Isle of Wight, fitted with a range of base cupboards and matching eye level units, roll top worksurface, single bowl stainless steel sink unit with mixer tap, integrated electric eye-level oven, electric hob with extractor hood over, integrated fridge and freezer.
Bedroom One (20' 9'' x 9' 8'' (6.32m x 2.94m) maximum) UPVC double glazed windows to front elevation enjoying views of the Solent and Isle of Wight, coved ceiling, wall mounted electric heater, mirror fronted bi-folding wardrobe doors.
Bedroom Two (19' 5'' x 9' 2'' (5.91m x 2.79m)) UPVC double glazed window to front elevation enjoying views of the Solent and Isle of Wight, coved ceiling, electric heater.
Bathroom (6' 10'' x 5' 6'' (2.08m x 1.68m)) Panelled bath with main shower over, close coupled WC, wash hand basin set in vanity unit, emergency pull cord, wall mounted Dimplex heater and electric towel rail.
Outside The property benefits from communal gardens and residents parking (subject to availability), undercover electric scooter storage subject to availability.
Lease Information The vendor informs us at the time of instruction of the following lease information.
We would however suggest this information is verified by your legal representative before exchange of contracts.
Lease: Tbc Ground Rent: Tbc Service Charge: £4620 per annum General Information Construction: Traditional Water Supply: Portsmouth Water Sewerage: Mains Electric Supply: Mains Gas Supply: Mains Mobile & Broadband coverage: Flood risk: Tenure: Leasehold Council Tax Band: D
Value & comps
No previous sales on record.
Returns
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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 25 Anchorage Court, Marine Parade East, Lee-On-The-Solent
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