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See how verdicts work2-bedroom flat · PO4 0NX
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the sought-after Craneswater Park, Amersham Court enjoys an enviable position close to Canoe Lake and Southsea seafront.
This fourth floor apartment occupies an elevated position within the building, with lovely views across the tree-lined lake and towards The Solent, particularly from the impressive dual-aspect lounge/dining room.
The accommodation is generously proportioned and includes a large entrance hall with a range of useful storage cupboards, a spacious dual-aspect lounge/dining room with bay window, separate kitchen, two good-sized double bedrooms, both benefiting from fitted wardrobes, and a shower room.
The apartment would now benefit from some modernisation and updating, but this presents an excellent opportunity for a new owner to put their own stamp on the property and create a stylish home in an exceptional location.
The combination of generous room sizes, attractive views and scope for improvement makes this an exciting proposition, particularly at this price point.
Further benefits include a private garage, visitor parking, lift access and well-maintained communal grounds.
With Canoe Lake virtually on the doorstep and the open spaces of Southsea seafront just a short stroll away, the property is ideally placed for enjoying the very best of this popular coastal location.
COMMUNAL HALL : Secure communal entrance with intercom entry system, communal hall with lift and stairs to all floors.
Fourth floor landing with personal front door to: HALL : Coved ceiling, various storage cupboards, radiator, fitted carpet.
LOUNGE / DINER : Double glazed window and double glazed bay windows to south and east aspects, giving far reaching views over the tree-lined Canoe lake and into The Solent, two radiators, fitted carpet.
KITCHEN : Double glazed window, range of wall and base mounted units with work surfaces over, inset stainless steel sink and drainer with mixer tap over, integrated electric oven and gas hob with extractor over, space and plumbing for washing machine and fridge freezer, wall mounted gas boiler.
BEDROOM 1 : Coved ceiling, double glazed window, fitted wardrobe, radiator, fitted carpet. BEDROOM 2 : Coved ceiling, double glazed window, fitted wardrobe, radiator, fitted carpet.
SHOWER ROOM : Coved ceiling, double glazed obscured window, large shower cubicle, WC, wash hand basin with cupboards beneath, ladder radiator.
OUTSIDE : Well manicured gardens, parking area with visitor parking, access to: PRIVATE GARAGE : Situated within the building, up and over door.
LEASE INFORMATION : Lease Commenced: 24/06/1973 Lease Term: 189 years Lease Term Remaining: 136 years Ground Rent: N/A Service/Maintenance Charge: Approx. £500 per quarter.
Exact figure TBC COUNCIL TAX Portsmouth City Council TAX BAND D £2,291.71 for the year 2026/2027.
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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About Craneswater Park, Southsea
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