2-bedroom flat · PO12 1SR
For saleListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 bed 2nd floor retirement apartment for the over 60`s. This flat over looks the garden and Work House Lake. There is a refitted kitchen and modern shower room.
Communal facilities include lounge, laundry and guest suite. Outside are gardens and patio area, communal car park.
Communal Entrance Hall Lift or stairs to each floor, the flat is located on the 2nd floor.
Entrance Hall Glazed front door, fuse box cupboard, airing cupboard with water heater and shelving, door entry phone and emergency assistance call facility, storage heater.
Lounge - 15'0" (4.57m) x 13'2" (4.01m) Into Bay PVCu double glazed windows on twin aspect, storage heater, emergency assistance pull cord, coved ceiling.
Kitchen - 11'2" (3.4m) x 7'2" (2.18m) Single drainer composite sink unit, white fronted wall and base units with worksurface over, built in oven and 4 ring electric hob, cooker extractor canopy over, plumbing for washing machine, recess for fridge/freezer, PVCu double glazed window, composite panel splashbacks, emergency assistance pull cord.
Bedroom 1 - 12'4" (3.76m) Max x 9'3" (2.82m) PVCu double glazed window, built in wardrobe with sliding doors, fitted bedroom furniture, electric panel heater, emergency assistance pull cord.
Bedroom 2 - 9'1" (2.77m) x 6'8" (2.03m) PVCu double glazed window, built cupboard, electric panel heater, emergency assistance pull cord.
Shower Room Modern suite with double size shower cubicle with glass screen, vanity hand basin, low level W.C., Triton shower, tiled walls, wall mounted fan heater, extractor fan, emergency assistance pull cord.
Communal Facilities Residents casual parking, residents lounge, laundry room, guest suite available to hire. Tenure Leasehold. Balance of year lease from .
Current service charge from 1st April 2026 is £297.33 per month.
There is a sinking fund contribution on the future sale of the property which is currently calculated as 1.2% of your purchase price x the number of years you own the property.
These details are provided to the best of our ability from the information provided to us by the owner, but a buyer should check the figures once the official leasehold enquiries from the management company/freeholder are received by their legal advisor as they can be subject to change.
This should be done before exchanging contracts to purchase the property. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
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 asking
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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
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 Alver Quay, Gosport
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