We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · PO5 2FN
For saleReduced £5k (−1.8%) on 15 SepListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brand New 2 Bedroom Apartment | St John's Square, Southsea | Character Development Close to the Seafront Situated within the prestigious St John's Square development in the heart of Southsea, this brand new two bedroom apartment offers a superb blend of contemporary living and historic character.
Extending to approximately 601 sq ft, the accommodation centres around a spacious open plan kitchen/living room, creating an ideal space for both everyday living and entertaining.
The stylish kitchen is fitted with high-quality cabinetry and premium work surfaces, whilst the apartment further benefits from two well-proportioned bedrooms and a modern bathroom finished to an excellent specification.
Residents enjoy access to beautifully landscaped communal grounds, allocated parking and the peace of mind of a 10-Year Architect's Certificate Warranty.
Perfectly suited to first-time buyers, downsizers and investors alike, this impressive home forms part of one of Southsea's most exciting new developments.
Disclaimers: Important Notice: These particulars are provided for guidance only and do not constitute any part of an offer or contract.
All dimensions, floorplans, specifications, lease details, service charge information and development particulars should be independently verified by prospective purchasers and their legal representatives prior to exchange of contracts.
Photography Disclaimer: Some photographs, computer-generated imagery and marketing materials may have been digitally enhanced and are indicative only. Service Charge: Approximatlely £1,100 per annum.
Estate Charge: Approximatlely £179.55 per annum. Charges are estimated and subject to annual review by the managing agents.
Buyers should confirm the latest figures with the developer and solicitor prior to reservation. Tenure: Leasehold with a 250-year lease and peppercorn ground rent.
Warranty: The property benefits from a 10-year warranty. Broadband: Full fibre broadband capability available within the development.
A range of purchase assistance schemes and incentives are available on selected plots, subject to status, eligibility and the developer's terms and conditions.
Schemes may include Own New Rate Reducer, Part Exchange, Assisted Move or other incentives.
Offers may not be available in conjunction with one another and purchasers should speak to the sales team for details of the incentives applicable to their chosen plot.
The developer reserves the right to amend or withdraw any offer at any time.
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. St John's Square occupies a prime position in Southsea, one of the South Coast's most desirable seaside destinations.
The development is conveniently located close to Southsea Common, the seafront and the vibrant amenities of Albert Road, offering an excellent selection of independent shops, cafés, restaurants and entertainment venues.
Waitrose is within easy reach, while Portsmouth city centre, Gunwharf Quays and Portsmouth & Southsea railway station provide excellent shopping, leisure and transport connections.
Combining coastal living with everyday convenience, Southsea offers a lifestyle that is hard to beat.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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