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See how verdicts work2-bedroom flat · PO13 9ED
Listing removedReduced £15.5k (−5.3%) on 25 JunListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The accommodation comprises: A short flight of steps leads up to the 'Ground Floor' to an outer front door with security intercom.
Hardwood front door into small porch, and inner door to: Hallway: Large walk-in storage cupboard, further built in airing cupboard.
A small set of wooden double doors open into: Living room: Through the full width patio doors, there is access to an enclosed Veranda, with another double glazed 'tinted' patio doors that slide open to access the generously sized and enclosed patioed terrace, with wonderful views over the sea.
The Living room has wall lights, television & telephone points, radiator and is open plan through to: Kitchen/Breakfast Dining Room: A modern fitted range of wall, base & drawer units is complimented by the work tops & upriser, with inset gas hob, electric oven below and extractor hood over.
Integrated fridge & freezer, space & plumbing for both dishwasher & washing machine, work top lighting, dining/breakfast area has space for a table & chairs, built in cupboard housing gas boiler, window to front with views over the sea.
Double bedroom one: Window to rear, radiator, built in full height range of wardrobes. Double bedroom two: Window to rear, radiator, recess for stand alone wardrobes.
Wet-room: Recently installed to provide assistance for disability & elderly needs, the room has fitted 'wall to wall' specialised waterproof flooring with a soakaway, low level WC, wash hand basin, & showering facilities, heated towel rail, extractor fan, tiled splash backs.
Ouside; The outdoor terrace is enclosed and has plenty of space for relaxing. There is an underground car-park, with one allocated parking space and plenty of Visitor spaces.
There are well tended communal gardens surrounding the property.
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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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 Arismore Court, Marine Parade West, Lee-on-the-Solent
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