2-bedroom flat · PO12 2UB
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Fenwicks are pleased to offer for sale this very well presented second floor apartment, benefiting from a balcony with sea glimpses.
The property is situated within a short walking distance of Stokes Bay seafront and, in our opinion, offers well-proportioned accommodation including a lounge/dining room, good size kitchen, large master bedroom, second bedroom and shower room.
The property also benefits from a half share of a double garage and residents' parking .* Communal Entrance Hall:- Stairs to all floors.
Accommodation Comprises:- Front door to: Lounge/Dining Room (19' 2'' x 14' 3'' (5.84m x 4.34m)) Double glazed sliding door leading to the balcony, offering sea glimpses towards the Solent and Isle of Wight, Electric storage heater, space for table and chairs.
The balcony also overlooks the communal gardens and faces approximately south.
Kitchen:- (14' 2'' x 8' 10'' (4.31m x 2.69m)) Double glazed window, fitted with a range of wall and base units with roll edge worktop surfaces and tiled surrounds, plumbing for washing machine, one and a half bowl stainless steel sink unit, recess for fridge/ freezer, tiled floor, electric oven and hob.
Inner Hall:- Airing cupboard housing hot water tank.
Bedroom One:- (15' 7'' x 14' 2'' (4.75m x 4.31m)) A range of built-in wardrobes, dressing table and drawers, electric heater, double glazed door leading to balcony and double glazed window, facing south and offering sea glimpses towards the Solent and Isle of Wight.
Bedroom Two:- (11' 10'' x 7' 11'' (3.60m x 2.41m)) Double glazed window, fitted carpet, electric heater.
Bathroom:- Obscured double glazed window, close coupled W.C, pedestal wash hand basin with mixer tap, bath with mixer tap and shower attachment, glass shower screen.
Outside:- The property benefits from communal gardens, a half share of a double garage and residents' car park.
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.
The property is leasehold and benefits from an extended lease with approximately 183 years remaining.
We understand the ground rent is approximately £25 per annum and the maintenance charge is in the region of £195 per month. All charges are to be confirmed.
General Information:- Construction: Traditional Water Supply: Mains Sewerage: Mains Electric Supply: Mains Mobile & Broadband coverage: Flood risk:
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.
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FAQ
About 3 Marchwood Court, Broadsands Drive, Gosport
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