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See how verdicts work3-bedroom flat · PO4 9LW
For saleReduced £5k (−3.2%) on 17 SepListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property located in Lumsden Road, Southsea **no forward chain**ground floor maisonette**sea views**walking distance to southsea seafront & eastney marina** Kings Estates are delighted to present to the market this well-proportioned ground floor to first floor maisonette, located on Lumsden Road, Southsea.
Offered with no forward chain and vacant possession, this property presents a fantastic opportunity for a range of buyers.
Internally, the property comprises an entrance hall with stairs leading to the upper floor, a generously sized lounge enjoying views towards Lock Lake, a fully fitted kitchen offering a range of wall and base units, space for a dining table, and a pleasant outlook over the grassed outside space.
To the first floor, you will find three bedrooms, two of which benefit from built-in wardrobes, with the third being a smaller single room.
Bedrooms one and three also enjoy the same sea views as the lounge. A modern, fully fitted family bathroom completes the accommodation.
To fully appreciate all that this home and the surrounding area have to offer, please contact us to arrange a viewing.
Additional Information: Parking available via the management company (subscription required) – £120 per annum Garages available to rent via the management company (subject to availability) – £100 per month Storage shed available – £10 per month Please note: The head lease does not permit pets Estimated rental potential: Circa £1,200 per calendar month
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 123, Lumsden Road, Southsea
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