2-bedroom flat · PO13 9BW
Sold STCListed 419 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* This contempoary first floor apartment is situated on the seafront at Lee on the Solent and enjoys the most remarkable views of the Solent & Isle of Wight.
The property benefits from two double bedrooms, balcony, direct lift access and allocated parking.
* The Accommodation Comprises Communal front door from the rear of the building to: Entrance Hall 16' 1'' x 8' 3'' (4.90m x 2.51m) maximum measurements Security entry system, radiator, storage cupboard housing boiler, water tank, consumer unit to wall, space and plumbing for washing machine, door to: Walk in Cupboard Fitted cupboard and matching eye level units, elevator access.
Open Plan Lounge/Kitchen/Dining Room 20' 1'' x 19' 6'' (6.12m x 5.94m) Lounge/Dining Area UPVC double glazed sliding doors to balcony with stunning views over the Solent & Isle of Wight, coved ceiling, two radiators, space for table and chairs.
Kitchen Fitted with a modern range of base cupboards and matching eye level units, Granite work surface, island incorporating breakfast bar, inset one and a half bowl sink and drainer unit with mixer tap, integrated appliances to include; fridge/freezer, dishwasher, oven and gas hob with extractor hood over, tiling to walls and floors.
Bedroom One 12' 7'' x 10' 0'' (3.83m x 3.05m) maximum measurements UPVC double glazed window to rear elevation, radiator, built-in wardrobe with mirror fronted sliding doors.
Bedroom Two 9' 2'' x 8' 8'' (2.79m x 2.64m) UPVC double glazed window to rear elevation, radiator, storage cupboard with shelving and railing.
Shower Room Close coupled W.C with concealed cistern, wash hand basin, double shower cubicle with rainfall shower head and additional hand held shower head, ladder style radiator, extractor fan.
Outside To the rear of the property there is allocated parking.
To the front is a communal garden which is laid to artificial grass and enclosed by a low brick wall with pedestrian gate giving access through to the rear.
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.
Lease: TBC years from TBC Ground Rent: Nil (Share of Freehold) Service Charge: £900 per annum plus an additional £540 approx per year for lift maintenance General Information Construction - Traditional Water Supply – Portsmouth Water Electric Supply – Mains Gas Supply - Mains Sewerage - Mains Mobile & Broadband coverage - Please check via: Flood risk - Please check via:
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
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FAQ
About East Cliff House, Lee-On-The-Solent, PO13
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