3-bedroom flat · PO5 3DW
To rentReduced £50 (−3.7%) on 13 OctListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three double bedroom spacious apartment is tastefully decorated throughout and is set just behind the historic Castle Road, Southsea Common and the Seafront.
Local amenities and transport links are also found nearby.
The second floor apartment briefly comprises; Large bright living area, modern separate kitchen, two double bedrooms with fitted wardrobes and a third double bedroom and four piece bathroom suite.
Further benefits are a separate utility room. Electric heating and double glazing throughout.
The interior comprises; COMMUNAL ENTRANCE -One door leading to stairwell to apartments, second door leading to stairwell down to utility rooms.
APARTMENT FRONT DOOR - leading to SPACIOUS HALLWAY - airing cupboard and doors leading to; LOUNGE DINER - double doors to spacious room with wooden flooring and small box bay window BEDROOM THREE/DINING ROOM - Double room, wood effect laminate flooring KITCHEN - Range of fitted units, electric oven and hob, freestanding fridge freezer and 1 ½ sink with drainer.
STEPS UP TO MASTER BEDROOM - Double room with fitted wardrobe, new carpets BEDROOM TWO - Double room with fitted wardrobe, new carpets BATHROOM - Four piece suite comprises; bath, separate electric shower unit, hand basin and WC.
SEPARATE UTILITY ROOM - Storage space with units with worktop, washing machine and tumble dryer.
EPC RATING: D COUNCIL TAX: PORTSMOUTH CITY COUNCIL: BAND B MINIMUM TENANCY TERM: 12 MONTHS WEEKLY RENT: £311.53 DEPOSIT: £1557.00 (HELD UNDER THE TDS).
BROADBAND: Open Reach and Virgin available, speeds from 16Mbps, faster speeds may be available; it is recommended that the applicant makes their own enquiries before committing to the property.
Information sourced from OfCom. TV ARIEL: AVAILABLE MOBILE SIGNAL: LISTED AS AVAILABLE BY OFCOM: EE, THREE, 02 AND VODAFONE.
UTILITIES: MAINS SUPPLIED A holding deposit of one week's rent will be required to secure the property.
This fee is payable at the time of application for the tenancy and will be held for up to 15 calendar days whilst reference checks and preparation for the tenancy agreement are undertaken.
The holding deposit can be retained should the applicant fail the Right to Rent check, provide false or misleading information that would affect the Landlord's decision to grant the tenancy, the applicant withdraws from the tenancy, or the applicant fails to take all reasonable steps to enter into a tenancy agreement.
In Tenancy Penalty Fees apply, see website for details.
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.
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FAQ
About CECIL PLACE - SOUTHSEA - UNFURNISHED
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