2-bedroom house · PO13 9FE
Listing removedListed 218 days
Opportunity summary
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About
* Situated in the delightful Anchorage Court development at Lee-on-the-Solent is this spacious first floor retirement apartment which has recently been upgraded throughout.
The apartment now benefits from new carpets, flooring and redecoration. This delightful apartment also enjoys partial views of The Solent & Isle of Wight. Offered for sale with no forward chain.
* The Accommodation Comprises:- Communal front door to; Communal Entrance Hall:- Residents lounge, communal laundry room, managers office, bin store, guest suite (reservations and charges apply), the apartment is located on the first floor with access via lift or stairs.
Apartment:- Front door to; Entrance Hall:- Coved ceiling, large storage cupboard housing consumer unit and meter to wall, further airing cupboard with hot water tank and air filtration system, thermostat control to wall, access to loft space, emergency pull cord and main door entry system, wall mounted Dimplex electric storage heater.
Lounge:- 20' 8'' x 10' 6'' (6.29m x 3.20m) maximum measurements Coved ceiling, UPVC double glazed window and Juliet balcony with side views of The Solent and Isle of Wight, newly fitted electric fireplace with decorative surround, wall mounted Dimplex electric heater, double opening glazed doors to; Kitchen:- Coved ceiling, UPVC double glazed window to side elevation, fitted with a range of base cupboards and matching eye level units, rolltop worksurface, single drainer stainless steel sink unit with mixer tap, integrated eye level electric oven, electric hob with extractor hood over, integrated fridge and freezer, extractor fan.
Bedroom One:- 11' 5'' x 9' 7'' (3.48m x 2.92m) maximum measurements Coved ceiling, UPVC double glazed window to side elevation, fitted wardrobes with mirror fronted bi-folding doors, wall mounted Dimplex electric heater.
Bedroom Two:- 17' 3'' x 9' 4'' (5.25m x 2.84m) manimum measurements Coved ceiling, UPVC double glazed window to side elevation, wall mounted Dimplex electric heater.
Bathroom:- Coved ceiling, close coupled WC, wash hand basin set in vanity unit, shower unit with mains shower over, panelled bath, emergency pull cord, extractor fan, heated towel rail, wall mounted Dimplex electric heater.
Outside:- The property benefits from communal gardens, scooter storage and residents parking (subject to availability).
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: 125 years from 2007 Ground Rent: £495 per annum Service Charge: £3,788.40 per annum General Information Construction - Traditional Water Supply – Portsmouth Water Electric 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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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 Anchorage Court, Marine Parade East, Lee-On-The-Solent, PO13
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