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See how verdicts work2-bedroom flat · PO5 3JP
For saleReduced £15k (−5.7%) on 25 OctListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 BEDROOM GROUND FLOOR APARTMENT WITH OWN PRIVATE ENTRANCE, GARDEN AND OFF ROAD PARKING FOR 2 CARS. The property is immaculately presented and must be viewed to be appreciated.
The accommodation comprises 2 bedrooms, master bedroom with en-suite shower room, main bathroom, good size lounge with bay window, fitted kitchen breakfast room with appliances and space for table & chairs.
Other benefits include an enclosed rear garden, double glazing, gas central heating and a remaining lease term of 111 years.
Situated in this convenient location close to seafront, common, Palmerston Road Shopping Precinct, bars, restaurants, cafes, coffee shops and bus routes.
Side Pedestrian Gate Leading To Garden - Entrance Hall - 2.79m x 1.07m (9'2 x 3'6) - Double glazed door giving access to entrance hall with laminate flooring, double glazed window to side, radiator.
Lounge - 5.59m into bay x 4.06m (18'4 into bay x 13'4) - Double glazed bay window to front, two radiators, fitted carpet.
Kitchen Breakfast Room - 3.81m x 2.79m (12'6 x 9'2) - One and a half bowl stainless steel sink unit with good range of wall and base cupboards with work surfaces over.
The appliances include an oven, hob, extractor, dishwasher, fridge/freezer and plumbing for washing machine.
Double glazed window to side, part tiled walls, radiator, wall mounted Ideal boiler, laminate flooring, space for table and chairs.
Inner Hall - 1.75m x 0.91m (5'9 x 3') - Storage cupboard housing consumer unit and electric metre. Bedroom 1 - 3.84m x 2.62m (12'7 x 8'7) - Double glazed window to rear, radiator.
En-Suite Shower Room - 1.73m x 1.70m (5'8 x 5'7) - Suite comprising shower cubicle, wash hand basin with cupboards below, WC, part tiled walls, tiled flooring, ladder radiator, extractor.
Bedroom 2 - 2.44m x 2.77m (8' x 9'1) - Double glazed window to rear, radiator, fitted carpet.
Bathroom - 1.91m x 1.73m (6'3 x 5'8) - Suite comprising bath with shower over, wash hand basin with cupboards below, WC, part tiled walls, tiled flooring, ladder radiator, double glazed window to side.
Garden - 7.62m x 5.18m (25' x 17') - Enclosed rear garden with side pedestrian access, laid to shingle, decking area, walled and fenced boundaries, timber shed.
Parking - Off road parking to front for 2 cars.
Additional Information - Tenure - Leasehold Length of Lease - 120 years from 30th March 2017 - 111 years remaining Service Charge - £1940.40pa (includes buildings insurance Ground Rent - £250pa 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
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 Shaftesbury Road, Southsea
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