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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

    © 2026 Prop AI DealsTermsPrivacyCookiesData protectionStatusContactClimate commitment
    1. Home
    2. Portsmouth properties
    3. 2 bed flat for sale in Portsmouth PO1
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

    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.

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    1 / 5

    Gunwharf Quays, Portsmouth, PO1 3BF

    2-bedroom flat · PO1 3BF

    937 sq ft2 baths
    Asking
    £280,000

    For sale · Listed 5 days

    Chain freeInvestment only
    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.
    HMO Article 4 Direction AreaPortsmouth City Council city-wide Article 4 (HMO), Portsmouth City Council Direction (Art 4/HMO/01) · C3 → C4 HMO conversion requires planning permission here

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

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    About

    The property

    ** WELL PRESENTED 2ND FLOOR APARTMENT OFFERED CHAIN FREE IN GUNWHARF QUAYS ** We are delighted to bring to market this well appointed apartment in Gunwharf Quays.

    Occupying an enviable position on the 2nd floor of the historic Vulcan Building, this home has operated as both a residential dwelling and investment property over the years making this ideal for an owner occupier or buy-to-let investor.

    The accommodation comprises two bedrooms, family bathroom and a large open plan lounge / kitchen / diner areas which is undoubtedly the heart of the home.

    From here you can enjoy some of the views afforded from certain angles whilst having a large enough space to enjoy quietly or entertain friends & family.

    Gunwharf Quays offers a popular and vibrant scene.

    Close to the sea, views to the solent whilst also having a plethora of shops, restaurants and entertainment venues on hand, this is a fantastic apartment that warrants an early internal inspection Second Floor Apartment - Kitchen / Sitting / Dining Room - 7.80m'' x 7.24m'' (25'7'' x 23'9'') - Bathroom - 3.28m'' x 3.18m'' (10'9'' x 10'5'') - Bedroom 1 - 4.19m'' x 3.86m'' max (13'9'' x 12'8'' max ) - Bedroom 2 - 2.69m'' x 2.59m'' (8'10'' x 8'6'') - Anti-Money Laundering (Aml) - Bernards Estate agents have a legal obligation to complete anti-money laundering checks.

    The AML check should be completed in branch. Please call the office to book an AML check if you would like to make an offer on this property.

    Please note the AML check includes taking a copy of the two forms of identification for each purchaser. A proof of address and proof of name document is required.

    Please note we cannot put forward an offer without the AML check being completed Council Tax Band E - Bernards Estate Agents cannot confirm the exact cost of this property council tax banding, for an up to date estimate, please contact your local authority Leasehold Information - Management Company : Lease Length : 199 YEARS - CIRCA 174 YEARS REMAINING Ground Rent : £200 Service Charge : £4000 Please note that Bernard's Estate Agents have not checked or verified the lease terms or the service charge/ground rent costs.

    The information provided above has been provided to us from the Seller.

    Your solicitor will check all of the above during the conveyancing process and you should only rely on information provided by them when making the final decision as to whether to buy any leasehold property.

    Offer Check Procedure - - If you are considering making an offer for this or any other property we are marketing, please make early contact with your local office to enable us to verify your buying position.

    Our Sellers expect us to report on a Buyer's proceedability whenever we submit an offer. Thank you.

    Property Tenure - Leasehold Removal Quotes - As part of our drive to assist clients with all aspects of the moving process, we have sourced a reputable removal company.

    Please ask a member of our sales team for further details and a quotation.

    Solicitor - Choosing the right conveyancing solicitor is extremely important to ensure that you obtain an effective yet cost-efficient solution.

    The lure of supposedly cheaper on-line "conveyancing warehouse" style services can be very difficult to ignore but this is a route fraught with problems that we strongly urge you to avoid.

    A local, established and experienced conveyancer will safeguard your interests and get the job done in a timely manner.

    Bernards can recommend several local firms of solicitors who have the necessary local knowledge and will provide a personable service. Please ask a member of our sales team for further details.

    Bernards Mortgage & Protection - We have a team of advisors covering all our offices, offering a comprehensive range of mortgages from across the market and various protection products from a panel of lending insurers.

    Our fee is competitively priced, and we can help advise and arrange mortgages and protection for anyone, regardless of who they are buying and selling through.

    If you're looking for advice on borrowing power, what interest rates you are eligible for, submitting an agreement in principle, placing the full mortgage application, and ways to protect your health, home, and income, look no further!

    Chain free
    Investment only

    Key information

    Price per sq ft
    £299/sq ft
    Based on 937 sq ft (87 sq m)
    Floor area
    937 sq ft (87 sq m)
    Council tax band
    Band E
    Estimated ~£2,200/year
    Tenure
    Leasehold
    See leasehold details below
    Local authority
    City of Portsmouth
    Unitary Authority
    Lease remaining
    174 years
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    4/100
    Deal score · weighted
    Watch; deal signals are weak

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market5 days
    4/25
    —
    Seller motivation
    Not scored yet

    Days on market5
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    First listedListed at £280,00023 Oct 2026
    Still activeDay 5 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4HMO Article 4 applies

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

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    Location
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    PO1 · Live market data · flat only
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    Agent & docs

    Move it forward

    Listing agent
    Bernards Estate and Lettings Agents, Southsea Office logo
    Bernards Estate and Lettings Agents, Southsea Office
    listed on rightmove
    02380015882
    8 Clarendon Road, Southsea, PO5 2EE
    View on rightmove

    View more properties from this agentIs this your home? Ask us to remove this listing
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    FAQ

    Questions

    About Gunwharf Quays, Portsmouth

    How much is Gunwharf Quays, Portsmouth?
    The asking price is £280,000.
    What kind of property is Gunwharf Quays, Portsmouth?
    A 2-bedroom flat in PO1 3BF.

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