2-bedroom flat · PO13 9QU
For saleReduced £10k (−3.2%) on 23 SepListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious two double bedroom apartment is offered for sale with no forward chain and enjoys a prime position on the Lee-on-the-Solent seafront, boasting stunning views across the Solent.
The accommodation comprises an entrance hallway, a generous main bedroom with built in wardrobes & en-suite shower room, a modern family bathroom, and a second double bedroom with built-in wardrobes.
There is also a spacious open-plan living room and kitchen, with the kitchen additionally accessible from the hallway.
The bright and airy living area features double doors opening onto a south-facing balcony, providing beautiful sea views and an ideal space for relaxing.
Further benefits include lift access, allocated parking for two cars, gas central heating throughout, and close proximity to local amenities.
Offering generous accommodation in a sought-after seaside location, this property is not to be missed, and we strongly recommend arranging an early viewing.
This spacious two double bedroom apartment is offered for sale with no forward chain and enjoys a prime position on the Lee-on-the-Solent seafront, boasting stunning views across the Solent.
The accommodation comprises an entrance hallway, a generous main bedroom with built in wardrobes & en-suite shower room, a modern family bathroom, and a second double bedroom with built-in wardrobes.
There is also a spacious open-plan living room and kitchen, with the kitchen additionally accessible from the hallway.
The bright and airy living area features double doors opening onto a south-facing balcony, providing beautiful sea views and an ideal space for relaxing.
Further benefits include lift access, allocated parking for two cars, gas central heating throughout, and close proximity to local amenities.
Offering generous accommodation in a sought-after seaside location, this property is not to be missed, and we strongly recommend arranging an early viewing.
Bedroom 1 11' 02" x 10' 02" (3.4m x 3.1m) ensuite 6' 01" x 4' 10" (1.85m x 1.47m) bedroom 2 9' 06" x 8' 06" (2.9m x 2.59m) bathroom 8' 0" x 5' 0" (2.44m x 1.52m) kitchen 11' 06" x 5' 10" (3.51m x 1.78m) lounge/diner 15' 04" x 11' 06" (4.67m x 3.51m) balcony 10' 4" x 4' 08" (3.15m x 1.42m) agents notes Council Tax Band: D EPC Rating: Tbc Lease Details: Ld Property of Fareham.
£3400 Service charge incl Ground Rent Per Annum, 125 years from 2001
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 Flat 4 Drake Court, Marine Parade West, Lee-on-the-Solent
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