2-bedroom flat · PO5 2NY
For saleReduced £25k (−5.3%) on 1 JulListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting over 1,200 sq ft of beautifully arranged accommodation alongside breathtaking panoramic sea views, this stylish and characterful waterfront apartment occupies on the top floor of the iconic Turret building on Clarence Parade.
Combining elegant period charm with generous living space and an abundance of natural light, this is a truly rare opportunity to acquire one of Southsea’s most distinctive coastal homes.
Originally known as The Turret Hotel, this striking landmark building was designed by renowned Victorian architect A.E.
Cogswell, celebrated locally for his distinctive architecture throughout Portsmouth.
Positioned proudly on the corner overlooking Southsea Common, The Rose Gardens and the Solent, the building is considered a property of architectural interest and sits within a highly desirable conservation area.
Apartment 5 is beautifully arranged and flooded with natural light thanks to its prominent corner position and dual aspect outlooks.
The standout feature is undoubtedly the impressive 28ft sitting/dining room with feature bay windows framing spectacular views across the waterfront and Southsea Common, creating an incredible space for both relaxing and entertaining.
The accommodation further comprises a fitted kitchen/dining room, two well-proportioned double bedrooms, with the principal bedroom benefitting from an en-suite shower room, alongside a separate family bathroom.
Additional benefits include double glazing, gas central heating, a security entry system and allocated parking.
This property will strongly appeal to professionals, downsizers, second-home buyers and anyone seeking an enviable coastal lifestyle within walking distance of Southsea’s independent restaurants, cafés and amenities, whilst enjoying some of the finest sea views the South Coast has to offer.
Early viewing is highly recommended to fully appreciate both the apartment and its truly outstanding location.
Share Of Freehold Unexpired Years: N/A Annual Ground Rent: N/A Ground Rent Increase: N/A Ground Rent Review Period: Tbc Annual Service: £1,800 These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Agents Note: Where this property is subject to estate management, service, and/or ground rent charges, an administrative fee may be payable to the management company to transfer these charges into the buyer’s name upon completion.
Turret comprises five apartments, holding the freehold on the building in equal shares ( 5 x 20%). We manage affairs through our own company, Lennox Mansions Residents Ltd.
Each apartment pays £150 a month for running costs (insurance, electricity, general maintenance etc). Any extra work is decided by the group and again based on 20% share per flat.
This applies only to exterior building work; interior works are the responsibility of individual flats.
Additional information Materials used in construction: Ask agnet For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Should a purchaser(s) have an offer accepted on a property marketed by Charters Estate Agents, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchaser, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Situated in the heart of vibrant Southsea, Apartment 5, The Turret enjoys an exceptional coastal location just moments from the seafront and the popular Clarence Parade promenade.
The property is ideally placed for enjoying a wide range of independent cafés, restaurants, bars and boutique shops, while nearby Palmerston Road offers further retail and leisure amenities.
Southsea Common, Gunwharf Quays and Portsmouth Historic Dockyard are all within easy reach, providing excellent recreational and cultural attractions.
The area also benefits from convenient transport links, with Portsmouth & Southsea and Portsmouth Harbour railway stations offering direct services to London and surrounding areas, making this an ideal setting for both professionals and lifestyle buyers seeking a prime Southsea address.
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 advisors 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 Apartment 5, The Turret,, Clarence Parade, Hampshire
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