2-bedroom flat · PO5 2AQ
For saleListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO BEDROOM APARTMENT WITH COURTYARD GARDEN, OFF ROAD PARKING & NO FORWARD CHAIN!
This well-maintained two-bedroom ground floor apartment is ideally positioned within easy reach of the popular Albert Road and Palmerston Road, with their wide array of shops, restaurants, and local amenities.
The property features its own private entrance via a courtyard garden, offering a touch of privacy and outdoor space.
Internally, the accommodation comprises a bright and airy open-plan kitchen/living area, a modern bathroom, and two bedrooms (master with en-suite).
Further benefits include double glazing, gas central heating, allocated off road parking, and a private external storage shed at the rear of the development. Internal viewing is strongly advised.
ENTRANCE HALL Doors to all rooms, meter cupboard, radiator, carpeted, security entry phone.
MASTER BEDROOM 12' 7" x 10' 4" (3.86m x 3.15m) Double glazed window to side elevation, radiator, carpeted, door to:- EN-SUITE Enclosed shower cubicle with electric shower, close coupled WC, wall mounted wash basin, extractor fan, fully tiled walls and tiled flooring.
BEDROOM TWO 8' 9" x 7' 3" (2.69m x 2.21m) Double glazed window to side elevation, radiator, carpeted.
BATHROOM 8' 6" x 5' 6" at widest point (2.61m x 1.69m) Panel enclosed bath with shower attachment, pedestal mounted wash basin, close coupled WC, extractor fan, radiator, fully tiled walls and tiled flooring.
LOUNGE/KITCHEN: 20' 8" x 9' 6" (6.32m x 2.92m) LOUNGE AREA Double glazed French doors to rear elevation leading to courtyard, radiator, laminate flooring, cupboard housing 'Vaillant' combination boiler, through to:- KITCHEN AREA Modern fitted kitchen comprising a range of wall and base level units incorporating roll edge work surfaces, stainless steel sink and drainer unit with mixer tap, built-in oven with gas hob and extractor hood over, integral fridge, space and plumbing for washing machine, tiled to principal areas and laminate flooring continued.
COURTYARD 9' 11" x 14' 1" (3.03m x 4.30m) Southerly facing aspect, door to personal shed, laid to decking and enclosed by metal railings, gate leading to residents car park.
PARKING One allocated parking space located within the residents' car park to the front of the building. AGENTS NOTE: COUNCIL TAX Band B.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Merton Road, Southsea
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