2-bedroom flat · PO5 2AR
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Share of freehold, no forward chain & off road parking!
This is a unique property tucked away in central Southsea's conservation area, with all of Southsea's amenities on your doorstep, including Palmerston and Marmion Road shopping facilities, cafes and bars.
The seafront and common are also within a short stroll of this lovely home.
This lower ground property offers an impressive entrance hall which has previously been used as a dining room, two double bedrooms, bathroom, a 16ft x 11ft lounge and spacious kitchen.
Although the property does require some modernisation, we feel it offers a great chance for the new owner to really create a special home in a fantastic Southsea spot.
Call Jeffries & Dibbens to arrange to take a look. Share of freehold, no forward chain & off road parking!
This is a unique property tucked away in central Southsea's conservation area, with all of Southsea's amenities on your doorstep, including Palmerston and Marmion Road shopping facilities, cafes and bars.
The seafront and common are also within a short stroll of this lovely home.
This lower ground property offers an impressive entrance hall which has previously been used as a dining room, two double bedrooms, bathroom, a 16ft x 11ft lounge and spacious kitchen.
Although the property does require some modernisation, we feel it offers a great chance for the new owner to really create a special home in a fantastic Southsea spot.
Call Jeffries & Dibbens to arrange to take a look.
Entrance Steps down to private entrance, door to: Entrance lobby 11' 5" x 6' 10" (3.48m x 2.08m) Double glazed window to rear aspect, storage cupboard, built in bar, radiator, through to: Hallway 19' 6" x 7' 10" (5.94m x 2.39m) Storage cupboard, doors to bedroom one and lounge, telephone point, radiator, through to Inner Hall: Inner hall Doors to bedroom two, bathroom and kitchen.
Lounge 16' x 11' 4" (4.88m x 3.45m) Double glazed window to front aspect, radiator, gas fire with tiled surround, coved ceiling.
Bedroom one 15' 9" x 10' 9" (4.8m x 3.28m) Double glazed window to front aspect, radiator, coved ceiling.
Kitchen 13' 4" x 9' (4.06m x 2.74m) Two lead light windows to rear aspect overlooking communal garden, range of wall and base level units with roll edge granite effect work surfaces, built in oven and grill, built in gas hob with cooker head over, stainless steel sink and drainer with mixer tap, spaces for fridge and freezer, washing machine and slim line dishwasher, wall mounted combination boiler, radiator, tiled to principal areas and tiled flooring.
Bedroom two 13' x 8' (3.96m x 2.44m) Lead light window to rear aspect overlooking communal garden, radiator, coved ceiling.
Bathroom Double glazed window to side aspect, panel enclosed bath with electric shower over, close coupled WC, pedestal wash basin, tiled to principal areas.
Communal garden 30' approx (9.14m) Southerly facing, laid to paving with raised shrub boarders, enclosed by brick walls. Parking Residents off road parking. Agents note: council tax Band A
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.
Area
Agent & docs
FAQ
About Flat 1, 8, Nelson Road, Southsea
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