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See how verdicts work2-bedroom flat · PO1 2BP
For saleListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 BEDROOM FIRST FLOOR APARTMENT WITH GARAGE, VISITOR PARKING, SHARE OF FREEHOLD & OFFERED WITH NO CHAIN.
Located in the requested and sought after old Portsmouth, close to seafront, Portsmouth Camber, Gunwharf Quays shopping & leisure complex offering a range of shops, bars, restaurants, cafes, bus routes and Portsmouth Harbour train station.
The accommodation comprises 2 bedrooms, good size lounge/dining room with Juliet balcony, fitted kitchen with appliances, modern bathroom. Other benefits include double glazing and communal garden.
Communal Entrance - Security intercom providing access to communal hall with stairs to first floor.
Flat front door to: Entrance Hall - Security entry phone, electric consumer unit, cupboard housing hot water tank.
Lounge/Dining Room - 4.65m x 4.19m (15'3 x 13'9) - Double glazed doors to front leading to Juliet balcony, coved and textured ceiling, electric night storage heater, opening to: Kitchen - 2.21m x 2.90m (7'3 x 9'6) - one and a half bowl stainless steel sink unit with range of wall and base cupboards with work surface over.
Oven, hob, extractor, washing machine, fridge/freezer, vinyl flooring, textured ceiling. double glazed window to side.
Bedroom 1 - 3.56m x 3.23m (11'8 x 10'7) - Double glazed window to rear overlooking communal garden towards Spinnaker Tower. Range of fitted wardrobes, drawers and beside cabinets.
Bedroom 2 - 3.56m x 2.21m (11'8 x 7'3) - Double glazed window to rear overlooking communal garden towards Spinnaker Tower. Fitted wardrobe.
Bathroom - 2.49m x 1.55m (8'2 x 5'1) - White suite comprising bath with shower over, WC, wash hand basin with storage below, vinyl flooring, heated towel rail, double glazed window to side.
Garage - Up and over door. Communal Garden - Enclosed communal garden area with lawn.
Additional Information - Tenure - Tenure: Share of freehold Length of Lease - 999 years from 01/01/1987 - 960 Years remaining approximately.
Service Charge £1500pa approximately Estate Charge - £500pa approximately Ground Rent - N/A Council Tax - Band C The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
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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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 King Charles Street, Old Portsmouth
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