1-bedroom flat · PO1 3FJ
For saleReduced £10k (−6.9%) on 21 JunListed 504 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spinnaker Court is a three storey purpose built block of apartments, with this particular flat being situated to the ground floor. Enjoying views over the open green space.
The building is located with in the immediate vicinity of the inner harbour waterways and the shopping and entertainment area - "Gunwharf Quays" Portsmouth university is also in the immediate vicinity.
The accommodation comprises one double bedroom, a lounge dining room, modern fitted kitchen and bathroom. All linked by the entrance hall.
The property is presented in excellent condition, the present tenant wishes to stay at the apartment - ideal buy to let - long term investment. Rental figures available upon request.
The vendor would consider a residential home buyer - subject to relocating the tenant.
Entrance Hall (3.00mx 0.99m (9'10"x 3'03" )) Living Room (4.32mx 2.79m (14'02"x 9'02")) Kitchen (2.79m x 1.98m (9'02" x 6'06")) Double Bedroom (3.25m x 2.90m (10'08" x 9'06")) Bathroom (2.13m x 2.90m (7'00" x 9'06"))
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 1 Spinnaker Court, 26, Kent Street, Portsmouth
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