2-bedroom flat · PO1 3SH
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a remarkable opportunity for both couples and investors, this two bedroom, 4th floor apartment is now available for sale.
The property is neutrally decorated, offering a blank canvas for the new owners to imbue their unique style and personality.
Stepping inside, you are greeted by an open-plan living/kitchen area, bathed in natural light from the large windows.
The well-proportioned layout allows for a seamless flow between the living and dining areas, creating an ideal environment for modern living.
The property boasts a well-equipped kitchen with electric single oven with four hob with extractor above, space and plumbing for a washing machine, offering a harmonious blend of functionality and style.
The apartment comprises of two bedrooms, providing ample space for a couple or student sharers.
The first bedroom is a generously sized double room, offering plenty of space for storage and furnishings. The second bedroom is a cozy single room.
The bathroom comprises of a full size bath with shower attachment over, WC and basin. The location of the property is highly desirable, with excellent public transport links at your doorstep.
It is ideally situated near local amenities, providing easy access to shops, restaurants, and cafes.
Adding to the convenience is Portsmouth Harbour train station is also within a short distance, making commuting a breeze.
Whether you're a couple seeking your first home or an investor looking to expand your portfolio, this property is certainly worth considering.
Leasehold with 105 years left Charges approx £2400 per annum Rental Potential £1350 pcm with a yield of 8.3% Council Tax C Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection.
4th Floor Hallway Bathroom 2.2 x 1.7 ( 7'3 x 5'6 ) Bedroom 3.8 x 2.6 ( 12'6 x 8'6 ) Bedroom 2 3.2 x 1.8 ( 10'4 x 5'10 ) Lounge/Diner 9.0 x 2.9 (29'8 x 9'7 ) Disclaimer These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
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 advisors 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
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FAQ
About Flat 123, The Round House,, Gunwharf Quays, Hampshire
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