3-bedroom flat · PO4 9UD
For saleReduced £20k (−7.3%) on 9 OctListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** split level apartment in heart of eastney offered chain free with parking! ** We are pleased to bring to market this deceptively large apartment tucked away in Eastney Marina.
Offered chain free, this property offers a great opportunity for an owner occupier, 2nd home purchase or Buy-To-Let in a popular area that is always desired.
The accommodation is split over two floors and comprises of 3 bedrooms, reception room, kitchen, family bathroom, storage areas and a recently refurbished balcony area offering a far reaching view to be enjoyed either first thing in the morning or into the evening.
The location is great with it being tucked away and quiet yet still offering a short distance to the seafront and central areas to enjoy the vibrant Southsea scene.
A great property that deserves an internal inspection ** Please be advised the home has been virtually furnished for marketing purposes ** Lounge (2.75 x 5.04 (9'0" x 16'6")) Balcony (2.36 x 1.12 (7'8" x 3'8")) Kitchen (2.75 x 3.37 (9'0" x 11'0")) Entrance Hall (2.77 x 3.23 (9'1" x 10'7")) Lobby (2.66 x 2.05 (8'8" x 6'8")) Bedroom Two (2.75 x 3.84 (9'0" x 12'7")) Bedroom Three (2.79 x 2.09 (9'1" x 6'10")) Landing Bedroom One (2.79 x 5.64 (9'1" x 18'6")) Balcony (3.05 x 1.94 (10'0" x 6'4")) Bathroom (2.75 x 2.56 (9'0" x 8'4")) Anti-Money Laundering (Aml) Bernards Estate Agents have a legal obligation to complete anti-money laundering checks.
The aml check should be completed in branch. Please call the office to book an aml check if you would like to make an offer on this property.
Please note the aml check includes taking a copy of the two forms of identification for each purchaser. A proof of address and proof of name document is required.
Please note we cannot put forward an offer without the aml check being completed Bernards Mortgage & Protection We have a team of advisors covering all our offices, offering a comprehensive range of mortgages from across the market and various protection products from a panel of lending insurers.
Our fee is competitively priced, and we can help advise and arrange mortgages and protection for anyone, regardless of who they are buying and selling through.
If you're looking for advice on borrowing power, what interest rates you are eligible for, submitting an agreement in principle, placing the full mortgage application, and ways to protect your health, home, and income, look no further!
Council Tax Band B Property Tenure Leasehold Leasehold Information Management Company : Lease Length : 175 years Ground Rent : 100 per annum Service Charge : 1505 per annum Please note that Bernard's Estate Agents have not checked or verified the lease terms or the service charge/ground rent costs.
The information provided above has been provided to us from the Seller.
Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.
Offer Check Procedure - If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position.
Our Sellers expect us to report on a Buyer's proceedability whenever we submit an offer. Thank you.
Removal Quotes As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company.
Please ask a member of our sales team for further details and a quotation.
Solicitor Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution.
The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid.
A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner.
Bernards can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.
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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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 117, Ferry Road, Southsea
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