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See how verdicts work3-bedroom flat · PO13 9FH
For saleReduced £50k (−8.3%) on 2 OctListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* A rare and exciting opportunity to purchase this stunning, penthouse apartment which enjoys breathtaking views over the Solent & Isle of Wight.
Benefits include three bedrooms, wraparound balcony and underground parking * The Accommodation Comprises:- Security entry to; Communal Entrance Hall:- Lift and stairs to third floor, door to; Entrance Hall:- Flat ceiling with inset spotlighting, thermostat control to wall, security entry phone, smoke detector, radiator, storage cupboard, further storage cupboard housing fuse box, double opening glazed panel doors to; Lounge:- (21' 4'' x 12' 11'' (6.50m x 3.93m) plus door recess) Flat ceiling, two sets of UPVC double glazed double opening doors to front and side elevations giving access to wrap around balcony enjoying views across the Solent towards the Isle of Wight, UPVC double glazed window to front elevation, internal window to kitchen, two radiators.
Kitchen:- (11' 7'' x 8' 0'' (3.53m x 2.44m) plus door recess) Flat ceiling with inset spotlighting, heat detector, UPVC double glazed window to side elevation, fitted with a range of base cupboards and matching eye level units, roll top work surfaces, one and a half bowl ceramic sink unit with mixer tap, induction hob with extractor hood over, eye level double combi electric oven, integrated fridge and freezer, integrated wine cooler, integral dishwasher, integral washing machine, cupboard housing boiler, radiator, tiled flooring.
Bedroom One:- (13' 11'' x 13' 4'' (4.24m x 4.06m) plus door recess) Flat ceiling, UPVC double glazed double opening doors and windows to front elevation enjoying views across the Solent towards the Isle of Wight, fitted wardrobe, radiator, door to; En Suite:- (10' 4'' x 2' 0'' (3.15m x 0.61m)) Flat ceiling with inset spotlighting, extractor fan, double shower cubicle with mains shower over, wash hand basin set in vanity unit, shaver socket, close coupled WC, ladder style radiator, partly tiled walls, tiled flooring.
Bedroom Two:- (12' 3'' x 10' 1'' (3.73m x 3.07m) plus door recess) Flat ceiling, UPVC double glazed double opening doors to balcony, fitted wardrobe, radiator.
Bedroom Three:- (13' 5'' x 10' 1'' (4.09m x 3.07m)) Flat ceiling, UPVC double glazed window to rear elevation, radiator.
Bathroom:- (8' 6'' x 6' 0'' (2.59m x 1.83m)) Flat ceiling with inset spotlighting, extractor fan, close coupled WC, wash hand basin set in vanity unit, panelled bath with mixer tap with mains shower over and shower screen, ladder style radiator, partly tiled walls, tiled flooring, shaver socket.
Outside:- The property benefits from two allocated spaces, located within the secure underground parking facility with access via lift.
Lease Information:- The vendor informs us at the time of instruction of the following lease information.
We would however suggest this information is verified by your legal representative before exchange of contracts.
Lease: 130 years from 2004 Ground Rent: Nil Service Charge: £3840 per annum General Information:- Construction - Traditional Water Supply – Portsmouth Water Electric Supply – Mains Gas Supply - Mains Sewerage - Mains Mobile & Broadband coverage - Please check via: Flood risk - Please check via:
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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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.
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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 Flat 11 The Spinnakers, Beach Road, Lee-On-The-Solent
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