1-bedroom house · PO4 8EZ
Listing removedListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This unique one-bedroom end-of-terrace freehold home has been thoughtfully extended by the current owner and boasts both a versatile loft space and the rare benefit of off-road parking.
Tucked away on Melrose Close in Milton, the property makes an ideal first-time purchase.
The spacious, extended living room is a real highlight, featuring an attractive log burner and doors that open directly onto a private courtyard-style rear garden-perfect for entertaining or relaxing.
The adjoining fitted kitchen/dining room offers plenty of space for everyday living. Upstairs, you’ll find a generously sized bedroom with a built-in wardrobe and a well-appointed bathroom suite.
A staircase then leads to a flexible loft room complete with Velux windows-ideal as a home office, hobby room, or occasional guest space.
Further benefits include double glazing, gas central heating, and side pedestrian access to the garden. This is a fantastic opportunity to secure a characterful yet practical home.
We highly recommend an internal viewing to fully appreciate everything it has to offer. For more information or to arrange a viewing, please contact the Lawson Rose sales team today.
Material Information: • Construction: Brick Built • Electricity Supply: Alternating Current • Heating: Gas Central Heating • Water Supply: Mains Water Supply • Sewage: Mains Sewage • Broadband: Standard and ultrafast Fiber are available.
• Off Road Parking Space • Mobile: Ofcom Checker shows EE, Three, 02 and Vodafone all have voice and data availability in this area.
• Council Tax: Portsmouth City Council – Band B • Flood Risk – Low Risk (Stated on the portal)
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 2, Melrose Close, Southsea
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