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See how verdicts work1-bedroom house · PO13 9FE
For saleReduced £20k (−7%) on 13 AugListed 673 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Situated on the seafront at Lee on the Solent is this well presented recently redecorated ground floor retirement apartment overlooking the Solent & Isle of Wight. Offered with No Onward Chain.
* The Accommodation Comprises Communal front door with secure entry system to: Communal Entrance Hall Residents lounge, communal laundry room, lift to second floor, guest suite (available at a supplement).
Entrance Hall Cupboard housing consumer unit and electric meter, smoke alarm, deep storage cupboard with shelving and heating system.
Lounge/Dining Room (24' 10'' x 10' 6'' (7.56m x 3.20m)) Dimplex heater, UPVC double glazed window and door to patio area, double opening glazed door to: Kitchen (7' 5'' x 6' 11'' (2.26m x 2.11m)) UPVC double glazed window to front elevation enjoying views towards the Solent and Isle of Wight, fitted with a range of base cupboards and matching eye level units, roll top work surfaces, tiled surround, single drainer stainless steel sink unit with mixer tap, electric oven, electric hob with extractor hood over, integral fridge and freezer, integral dishwasher.
Shower Room (6' 10'' x 5' 7'' (2.08m x 1.70m)) Double shower cubicle with glass screen, shower seat and hand rail, close coupled WC, wash hand basin set in vanity unit, heated towel rail, Dimplex heater, emergency pull cord.
Bedroom One (17' 0'' plus wardrobe x 9' 4'' maximum measurement (5.18m x 2.84m)) UPVC double glazed window to front elevation, range of built in bedroom furniture including wardrobes and drawer units, Dimplex heater.
Outside The property benefits from communal gardens to the front and residents scooter and parking to the rear (subject to availability.
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: £tbc per annum Service Charge: £tbc per annum General Information Construction - Traditional Water Supply – Portsmouth Water Electric Supply – Mains Sewerage - Mains Mobile & Broadband coverage - Please check via: Flood risk - Please check via:
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 5, Anchorage Court, Lee-On-The-Solent
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