2-bedroom flat · PO5 3DN
To rentReduced £105 (−9.5%) on 21 OctListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO BEDROOM APARTMENT | WALKING DISTANCE TO SEAFRONT Cosgroves are delighted to offer this purpose-built, unfurnished two double bedroom top floor apartment, ideally situated in a popular central Southsea location within close proximity to Southsea Common and the seafront.
The property offers a spacious lounge/dining room to the front, two double bedrooms both with built-in wardrobes, and a bathroom suite with an electric shower over the bath.
It further benefits from residents’ parking available on a first-come, first-served basis.
MATERIAL INFORMATION - Price - £1100 per month - Holding Deposit - One Weeks Rent - £253.00 - Security Deposit - Five Weeks Rent - £1260.00 - Minimum income required - £36,000 - Parking- Permit Parking via council - Council tax band - Band B - Energy Performance Certificate - Rating E - Tenure - Leasehold - Restrictions - Subject To Lease and Covenants - Broadband/Mobile Supply Check: Please use the Ofcom website - 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
We're still gathering serviced-accommodation data for this area.
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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 Dartmouth Mews, Cecil Place
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