2-bedroom flat · PO6 1HJ
Sold STCListed 152 days
Opportunity summary
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About
GENERAL Winslow Court, is located on the corner of Solent Road and St Hellens Road in Drayton. Offered for sale with an allocated parking space.
This apartment is a good sized two bedroom apartment with modern kitchen and bathroom, located on the first floor. The property has storage radiators, Economy 7 meter tariff and the water is metered.
HALLWAY From the front door the hallway leads through the middle of the apartment with door off to all rooms, there is oak effect laminate following and neutral décor.
KITCHEN 9' 9" x 6' 10" (2.99m x 2.09m) This fitted kitchen is of a modern design and has a comprehensive range of wall and floor cupboards, there is a fitted oven and grill with ceramic hob and extractor over.
Space for a washing machine and slimline dishwasher and standing space for a fridge freezer along with a stainless steel sink/drainer and mixer tap There is a window overlooking the rear of the development where the carparking space is located.
The flooring is grey wood effect laminate flooring and the walls and tiled and painted.
LIVING ROOM 22' 11" x 11' 10" (7.00m x 3.61m) This large dual aspect living room is very bright and light and has a large full length window to one aspect.
There is light oak laminate flooring and neutral décor along with two night storage heaters and TV ariel socket.
BEDROOM 1 12' 3" x 9' 3" (3.75m x 2.84m) This bedroom is a good sized double with a large built in four door wardrobe, there is carpet and neutral décor, night storage heater and a window to the side aspect with a white blind.
BEDROOM 2 12' 5" x 7' 7" (3.79m x 2.32m) Double bedroom with carpet and neutral décor, window to side aspect with white blind and storage heater.
BATHROOM 6' 10" x 6' 3" (2.10m x 1.91m) Modern bathroom with tiled floor and walls. This bathroom has an opaque window and mechanical extractor fan giving natural light and fresh air.
The white suite comprises of a bath with electric shower over and shower curtain and rail., there is a low level WC and a sink/pedestal combination. Frameless mirror and wall mounted electric heater.
STORAGE CUPBOARD 5' 6" x 2' 7" (1.68m x 0.79m) This cupboard houses the hot water tank, fuse box, electric meter, coat hooks and ceiling lighting.
MATERIAL INFORMATION *Sales Price - £179,950 *Council Tax Band - B - Portsmouth Council * Leasehold - The lease was extended to 2220 therefore 195 years remaining.
* Service Charge - £2064 per annum can be paid monthly or bi annually.
* No ground rent - the eleven leaseholders effectively own the freehold of the building by being shareholders in Winslow Court Management Company Limited *Property Construction - Brick and Block *Electricity Supply - Mains *Water and Sewerage - Mains *Heating - Electric *Broadband - Fibre to cabinet *Mobile Signal - ADSL Fibre Checker (openreach.com) *Parking - One allocated parking *Restrictions - Subject to management covenants *Flooding - Refer to (GOV.UK (check-long-term-flood-risk.service.gov.uk) *Accessibility - Accommodation is a first floor accessed via stairs VIEWING BY APPOINTMENT THROUGH MARINA LIFE HOMES LTD All measurements quoted are approximate and are for general guidance only.
The fixtures and fittings, services and appliances have not been tested and therefore no guarantee can be given that they are in working order.
These particulars are believed to be correct, but their accuracy is not guaranteed and therefore they do not constitute an offer or contract.
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
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FAQ
About Solent Road, Drayton, Portsmouth
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