2-bedroom flat · PO4 0DW
For saleReduced £10k (−6.3%) on 20 OctListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom ground floor apartment is centrally located, approximately midway between Fratton Station and the vibrant amenities of Albert Road, and could make for an excellent first-time purchase.
Situated on Fawcett Road in Southsea, the property offers bright and well-proportioned accommodation throughout.
The home provides a spacious, light and airy living room with a fitted kitchenette, creating a comfortable and sociable living space.
A hallway leads through to two good-sized double bedrooms, with the second currently being utilised as an additional reception room, offering excellent versatility.
The principal bedroom benefits from a built-in wardrobe. Also accessed from the hallway is a beautifully appointed, modern shower room, along with a useful storage cupboard.
To the rear, a door opens out onto a low-maintenance, well-kept west-facing private courtyard garden-an ideal spot to enjoy outdoor space with a good degree of privacy.
In our opinion, this is a fantastic opportunity to acquire a well-located and versatile home in the heart of Southsea.
We highly recommend an internal viewing to fully appreciate everything the property has to offer. For further information or to arrange a viewing, please contact the Lawson Rose sales office today.
Material Information: • Construction: Brick Built • Electricity Supply: Alternating Current • Heating: Gas Central Heating • Water Supply: Mains Water Supply • Sewage: Mains Sewage • Broadband: Standard, Superfast Fibre and Gfast Fibre are available.
• Mobile: Ofcom Checker shows EE, Three, 02 and Vodafone all have voice and data availability in this area.
• Permit Parking: 1st permit is £30,2nd permit is £120 and 3rd permit (where available) is £300.
• Council Tax: Portsmouth City Council – Band A • Flood Risk – Low Risk (Stated on the portal) Tenure – Share Of The Freehold Tenure – Share Of The Freehold Term: 175 years from 1.1.2006 – 154 Years Remaining Service Charge: Self Managed Between 4 properties – reviewed annually - 25% share.
Ground Rent: N/A EPC Rating: D Garden To the rear, a door opens out onto a low-maintenance, well-kept west-facing private courtyard garden-an ideal spot to enjoy outdoor space with a good degree of privacy.
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
Agent & docs
FAQ
About 160a Fawcett Road, Southsea
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