1-bedroom flat · PO1 3HL
For saleReduced £10k (−9.1%) on 1 JulListed 293 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom apartment with no forward chain! A well presented and spacious one bedroom apartment in a great central location!
Located along Queen Street, well situated for access to the prestigious Gunwharf Quays development, the University, the hard train station and direct access out of the city.
This lovely fourth floor apartment offers a good size double bedroom with a large recessed area, perfectly suited to adding a built in wardrobe, a modern fitted kitchen is open to the 22'8ft living/dining room.
The home offers electric heating, double glazing and also has a modern fitted bathroom. This property is a must view, contact the Southsea office to arrange your viewing.
One bedroom apartment with no forward chain! A well presented and spacious one bedroom apartment in a great central location!
Located along Queen Street, well situated for access to the prestigious Gunwharf Quays development, the University, the hard train station and direct access out of the city.
This lovely fourth floor apartment offers a good size double bedroom with a large recessed area, perfectly suited to adding a built in wardrobe, a modern fitted kitchen is open to the 22'8ft living/dining room.
The home offers electric heating, double glazing and also has a modern fitted bathroom. This property is a must view, contact the Southsea office to arrange your viewing.
Communal entrance Security entry phone system, stairs and lift to all floors, door to flat 39 on the fourth floor.
Hallway Doors to all rooms, electric storage heater, built-in storage cupboard housing heating and water system.
Lounge/diner/kitchen (open plan) 22' 8" x 10' 9" (6.91m x 3.29m) Two double glazed windows to side elevation, two electric heaters, fitted kitchen comprising a range of wall and base level units incorporating roll edge work surfaces, stainless steel sink and drainer unit, space and plumbing for washing machine, space for fridge/freezer, built-in oven and electric hob with extractor hood over, integral slimline dishwasher, extractor fan, spot lights, tiled to principal areas and vinyl flooring.
Bedroom 11' 8" x 12' 4" (3.58m x 3.77m) Double glazed window to side elevation, electric heater, large recessed storage area.
Bathroom 7' 0" x 5' 9" (2.14m x 1.77m) Modern fitted suite comprising panel enclosed bath with shower over and mixer tap, low level WC, pedestal mounted wash basin with mixer tap, tiled to principal areas and laminate flooring, extractor fan, heated towel rail, spot lights.
Agents note: council tax Band B.
Value & comps
No previous sales on record.
Returns
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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 39 Mill Pond Apartments, 1-5, Queen Street, Portsmouth
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