2-bedroom flat · PO3 5BN
Sold STCListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jeffries & Dibbens are delighted to offer for sale this two bedroom, second floor flat located in Honeywood Close, Hilsea.
Accommodation comprises two bedrooms, a 14ft lounge/diner, a fitted kitchen, a family bathroom and a utility area.
Additional benefits include double glazing, electric heating, communal gardens and allocated off road parking for two vehicles!
To appreciate all that is on offer, please contact Jeffries & Dibbens, acting as sole agents, to arrange your internal viewing.
HARDWOOD DOOR COMMUNAL ENTRANCE Stairs to second floor, hardwood door to. HALLWAY Wall mounted heater, loft access, two built in storage cupboards, doors to.
LOUNGE/DINER 14' 11" x 12' 8" (4.55m x 3.86m) PVC double glazed window to rear aspect.
KITCHEN 8' 5" x 7' 10" (2.57m x 2.39m) PVC double glazed window to rear aspect, roll top work surfaces, range of wall and base units, stainless steel sink and drainer unit, integral oven and hob with extractor hood over, integral dishwasher, space for fridge/freezer, tiled splash back.
BEDROOM ONE 10' 11" x 9' 4" (3.33m x 2.84m) PVC double glazed window to front aspect, built in wardrobe and dresser, wall mounted electric heater.
BEDROOM TWO 11' x 5' 3" (3.35m x 1.6m) PVC double glazed window to front aspect, wall mounted electric heater.
BATHROOM 7' 1" x 6' (2.16m x 1.83m) PVC double glazed obscure window to side aspect, towel radiator, panel enclosed bath with shower attachment, close coupled WC, vanity basin, fully tiled.
UTILITY ROOM Plumbing for washing machine, space for tumble dryer.
COUNCIL TAX BAND A LEASE INFORMATION As of January 2026 the vendor has informed us that the lease details are as follows:- Freeholder: E&M Property Management & FirstPort Property Management Balance Of Lease: 81 years (120 years as of 1986) Ground Rent: £80 Per annum Maintenance Charge: est £200 Per annum Insurance Charges: £300 Per annum Are there any pet restrictions: No Confirmation of all charges relating to this property should be confirmed by your solicitor prior to any exchanging of contracts
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.
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FAQ
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