2-bedroom flat · PO6 2QA
Listing removedReduced £100 (−8.3%) on 8 SepListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO BEDROOM GROUND FLOOR APARTMENT | ALLOCATED PARKING | WALKING DISTANCE TO QA HOSPITAL Cosgroves are delighted to offer this well-presented, unfurnished ground floor apartment, ideally situated within walking distance of Queen Alexandra Hospital.
The accommodation comprises two spacious double bedrooms, with the principal bedroom benefiting from an en-suite shower room, a modern family bathroom, and a separate fitted kitchen with integrated appliances.
The property has been finished in neutral décor with matching carpets throughout and also benefits from an allocated parking space.
Ideally suited to professionals, particularly those working at Queen Alexandra Hospital, the apartment also offers excellent access to local amenities and transport links.
MATERIAL INFORMATION - Price - £1200 per month - Holding Deposit - One Weeks Rent - £276.92 - Security Deposit - Five Weeks Rent - £1380.00 - Minimum income required - £36,000PA - Tenure - Leasehold - Restrictions - Subject To Lease and Covenants - Council tax band - Band C - Energy Performance Certificate - Rating C - Broadband/Mobile Supply Check: Please use the Ofcom website - Parking- Parking space for ONE car - Flooding - Refer to (GOV.UK (check-long-term-flood-risk.service.gov.uk)
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
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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 Admirals Place, Havant Road, Cosham
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