We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat
Listing removedListed 2 daysModern Method of Auction 1 Jan · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £75,000 This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted.
Ultimately a transparent process which provides speed, security and certainty for all parties.
If you are looking to invest or live in the centre of Portsmouth/Southsea, with access to everything that the city has to offer, this is the perfect flat for you.
Situated in the very heart of the student precinct and within a grade II listed building this two bedroom apartment offers secure remote access and great links in and out of the city, this will definitely attract a wide range of prospective buyers or investors.
Everything that a prospective buyer could ever need is pretty much on your doorstep here. Be in the university, town centre, Gunwharf Quays, train stations or the beach.
Everything is very close by meaning that owning a car is surplus to requirements during the weekend.
Agent notes/material information: Energy performance rating: C Portsmouth City Council tax band: B Broadband estimated availability - Openreach, CityFibre, Virgin Media, EE & Three (Please refer to Ofcom broadband checker for further information) Mobile Availability - Vodafone, Three, O2 & EE (Indoor) Likely/Limited.
Mobile Availability - Vodafone, Three, O2 & EE (Outdoor) Likely. 5G is available -Please refer to Ofcom mobile checker for further information.
Flood Risk - Refer to - ( () The property is connected to a mains supply for electric, gas and water and sewerage. The lease is 99 years starting from 1 January 2005.
As of 2026, there are 78 years remaining on the lease.
The combined annual service charge and ground rent for the apartment is £2,958.11 Please note the above costs/information has been provided to us by the seller and are only given as a guide.
Accommodation comprises: * Communal Entrance/Inner Hallway Stairs and lift leading to all floors, on the third front door to: * Entrance Hallway Smooth and coved ceiling, smooth walls, intercom phone and radiator.
* Open Plan Living Room/Kitchen: 5.99m x 3.84m (19' 8" x 12' 7") Dual aspect wooden sash window to side and rear, smooth and coved ceiling, smooth walls, laminate flooring and radiator.
Kitchen Area: Furnished with a range of wall and base units, stainless steel sink unit with mixer tap over and drainer, built in oven/grill with gas hob and extractor hood over, plumbing for washing machine, space for (Tall) fridge/freezer and built in cupboard housing combination boiler.
* Master Bedroom: 4.32m x 3.78m (14' 2" x 12' 5") Two wooden sash windows to side aspect, smooth and coved ceiling, smooth walls, laminate flooring and radiator.
* Bedroom Two: 2.84m x 1.9m (9' 4" x 6' 3") Two wooden sash windows to side aspect, smooth and coved ceiling and smooth walls.
* Bathroom: 1.98m x 1.78m (6' 6" x 5' 10") Furnished with a panel enclosed bath with mixer tap and shower over, pedestal wash hand basin with mixer tap over and close coupled WC.
Smooth and coved ceiling, smooth walls with tiling to principal areas, vinyl flooring and radiator.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'.
The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers' obligations and sellers' commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services. This property is sold on a leasehold basis. The lease length is years.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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FAQ
About Charter House Lord Montgomery Way, Portsmouth
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