2-bedroom flat · PO6 1RW
For saleReduced £5k (−2.7%) on 23 JulListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no forward chain and located in The Fairways, Farlington you will find this two bedrooms first floor apartment.
The property consists of a spacious entrance area, two double bedrooms, a bathroom and an open plan kitchen/dining/living area.
Other benefits include double glazing and an allocated parking space located to the front of the building. We feel that this property would make an ideal first time buy or investment opportunity.
To arrange your viewing contact our Drayton Office today! Offered with no forward chain and located in The Fairways, Farlington you will find this two bedrooms first floor apartment.
The property consists of a spacious entrance area, two double bedrooms, a bathroom and an open plan kitchen/dining/living area.
Other benefits include double glazing and an allocated parking space located to the front of the building. We feel that this property would make an ideal first time buy or investment opportunity.
To arrange your viewing contact our Drayton Office today!
Communal entrance stairs to first floor hallway bedroom one 11' 9" x 9' 3" (3.58m x 2.82m) bedroom two 11' 9" x 8' 8" (3.58m x 2.64m) bathroom 7' 3" x 5' 5" (2.21m x 1.65m) kitchen/lounge/diner 23' 0" x 10' 5" (7.01m x 3.18m) As of 7/4/2026, the vendor has informed us that the lease details are as follows:- Tenure: Leasehold Landlord/Managing Agent: Dack Property Management Co Ltd Balance of Lease: 131 years as of 7/4/2026 Ground Rent Charges: £125.00 per annum (E&J Estates) Ground Rent Review Period: N/A Maintenance/Service Charges: £1448.00 per annum Maintenance /Service Charges Review Period: Annually Building Insurance: Included in the service charge Confirmation of all charges relating to this property should be confirmed by your solicitor prior to any exchanging of contracts.
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 54, The Fairways, Portsmouth
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