4-bedroom flat · PO4 0NQ
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charters are delighted to offer this spacious four-bedroom, part-furnished first-floor apartment forming part of an impressive converted period building in a highly sought-after Southsea location, just moments from the seafront and Canoe Lake.
The property offers generous and characterful accommodation, retaining many attractive period features including high ceilings, tall windows and well-proportioned rooms.
The spacious main reception room benefits from a large bay window overlooking green space towards Canoe Lake, creating a bright and welcoming space with plenty of natural light.
The separate modern kitchen is well equipped with ample storage, integrated appliances and contemporary work surfaces.
There are four well-proportioned bedrooms, all finished with neutral décor and carpeting, with several benefiting from dual-aspect windows which further enhance the light and airy feel throughout.
The bathroom comprises a white suite with shower over the bath and tiled surround. The property is offered part-furnished, with a selection of bedroom and living room furniture provided.
A fantastic opportunity to rent a spacious and characterful four-bedroom apartment in one of Southsea’s most popular locations.
Security Deposit: £2,538.46 (based on advertised rental price) Holding Deposit: £507.69 (based on advertised rental price) Council Tax Band: A Additional information Materials used in construction: Ask Agent For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Ideally situated for enjoying everything Southsea has to offer, the property is just a short walk from the seafront, Southsea Common and Canoe Lake, with its tennis courts and leisure facilities.
Albert Road and Palmerston Road are also nearby, offering an excellent selection of independent shops, cafés, restaurants, bars and everyday amenities.
Excellent transport links provide easy access to Portsmouth city centre and Gunwharf Quays, with regular bus services available close by.
Fratton railway station is approximately 5–10 minutes away by car or bicycle, offering direct services to Portsmouth Harbour, Southampton, Brighton and London Waterloo.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Festing Road, City Of Portsmouth
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