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 · PO5 2HA
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 BEDROOM FIRST FLOOR APARTMENT LOCATED MINUTES FROM THE SEAFRONT AND ALL THE AMENITIES PALMERSTON ROAD HAS TO OFFER.
The property has been fitted with a brand new kitchen, freshly painted throughout and new carpets fitted.
The property is being sold with no forward chain and a share of freehold, The accommodation comprises a good size main bedroom, smaller second bedroom, brand new fitted kitchen with appliances, good size lounge/dining room with Juliet balcony, modern shower room.
Other benefits include double glazing and gas central heating with a new boiler. Communal Entrance - Steps up to communal front door with security intercom providing access to communal hall.
Stairs to first floor, flat front door to: Entrance Hall - Coved ceiling, radiator, security intercom handset, wall mounted electric consumer unit.
Lounge/Dining Room - 4.88m x 4.06m (16' x 13'4) - Double glazed doors to front to Juliet balcony, coved ceiling, radiator.
Kitchen - 2.97m x 1.52m (9'9 x 5') - Brand new fitted kitchen with single drainer sink unit, range of drawers, wall and base cupboards with work surfaces over, built in oven, hob, extractor, tall fridge freezer, integrated washing machine, part tiled walls, laminate flooring, cupboard housing newly fitted Glow-Worm gas boiler.
Bedroom 1 - 3.25m x 3.25m (10'8 x 10'8) - Double glazed window to rear, coved ceiling, radiator. Bedroom 2/Study - 2.29m x 1.63m (7'6 x 5'4) - Double glazed window to rear, coved ceiling, radiator.
Shower Room - 1.91m x 1.50m (6'3 x 4'11) - Suite comprising shower cubicle, wash hand basin with storage below, WC, tiled walls, vinyl flooring, double glazed window to rear, spotlights, extractor.
Additional Information - Tenure - Share of freehold Length of Lease - 999 years from 01/05/2017- 990 Years remaining Service Charge - £1960pa - Includes buildings insurance Ground Rent - N/A Council Tax Band - Band A The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
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
Agent & docs
FAQ
About Auckland Road East, Southsea
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