1-bedroom flat · PO1 3SY
Let agreedListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3045558. New to the market and available now, subject to usual checks (1-10 days).
Previous tenants all loved this stylish, modern, one bedroom apartment with a far reaching view to Southsea from its 5th floor position.
Located in the popular Crescent Building in the heart of Gunwharf Quay, with waterfront bars, restaurants and designer outlet shops a stone's throw away, yet it is an oasis of calm once you enter the chic lobby.
Professional experienced landlords and members of National Residential Landlords Association (NRLA) for 20 years.
This apartment has been home to young doctors, professionals, mature students (short walk to the University), both singles and couples.
It has an airy and light open plan kitchen/lounge/dining area with large sliding window and Juliette balcony; double bedroom with roomy built-in mirror wardrobe; bathroom with shower over bath and heated towel rail; finally there is a useful hall cupboard.
There is underfloor heating; water and service charge bills are included in the rent, but not other bills.
Fully furnished with a sofa, washer/drier, oven and hob extractor hood replaced tenancy before last and brand new dining chairs. Most items in photos included, plus much more!
A previous tenant emphasized that it is a safe area of Portsmouth. In addition there is security entry to the building and car park, with two lifts.
The allocated parking space for this apartment is one of the closest to a lift and benefits from being undercover.
A bike storage cage is shared with next door apartment and there is a communal terrace at the back of the building above the car park. Send a brief outline of your circumstances (e.g.
student, employed, current location, rented previously in UK, etc.) and contact details via Open Rent and be an early viewer of this highly desirable property!
Summary & Exclusions: - Rent Amount: £1,500.00 per month (£346.15 per week) - Deposit / Bond: £1,730.76 - 1 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 05 October 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: B If calling, please quote reference: 3045558 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About The Crescent, Portsmouth, PO1
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