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See how verdicts work2-bedroom property · PO12 1SR
For saleListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 bed 2nd floor retirement flat for the over 60`s independent living overlooking the water. The accommodation offers lounge, modern kitchen and modern shower room.
Communal facilities include lift, guest suite, lounge, laundry rooms, residents casual parking and gardens. Communal Entrance Hall With lift or stairs to each floor.
The flat is located on the 2nd floor.
Entrance Hall Part glazed front door, electric meter cupboard, door security phone, storage heater, access to loft space, airing cupboard, textured ceiling emergency assistance call facility.
Lounge - 18'10" (5.74m) Into Bay x 10'10" (3.3m) Storage heater, PVCu double glazed window, electric panel heater, emergency assistance pull cord, coved ceiling, views of the water from the lounge window.
Kitchen - 9'10" (3m) x 6'9" (2.06m) Single drainer 1 1/2 bowl stainless steel sink unit, wall and base units with worksurface over, built in oven and 4 ring induction hob with extractor hood over, PVCu double glazed window, tiled splashbacks, Dimplex wall mounted fan heater, emergency assistance pull cord, space for fridge/freezer, tiled splashbacks.
Bedroom 1 - 10'4" (3.15m) x 9'3" (2.82m) Twin aspect room with 2 PVCu double glazed windows, electric panel heater, emergency assistance pull cord, views of water.
Bedroom 2 - 9'7" (2.92m) x 5'9" (1.75m) Storage cupboard, electric panel heater, PVCu double glazed window, views of water, emergency assistance pull cord.
Bathroom Double sized shower cubicle with screen and Triton shower, vanity hand basin with cupboard under, low level W.C., tiled walls, Dimplex fan heater, emergency assistance pull cord, extractor fan, fitted drawer unit.
Communal Facilities Residents communal lounge, laundry room, guest suite for rental from house manager, residents casual parking, communal garden and patio areas around the development.
Services We understand that this property is connected to mains electric, water and sewage. There is no gas to this property. Tenure Leasehold. Balance of 99 year lease from 17th November 1989.
Current service charge from 1st April 2025 is £356.75 per month.
There is a sinking fund contribution on the future sale of the property which is currently calculated as 1.2% of your purchase price x the number of years you own the property.
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. what3words /// storms.supporter.artist Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 Alver Quay, Prince Alfred St, Gosport
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