2-bedroom flat · PO9 1RB
Sold STCListed 445 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom purpose built ground floor flat is situated in Langstone. Boasting excellent room sizes throughout, this light and spacious apartment is ready to move into as it is chain free.
In brief the property consists of: Entrance hall, separate wc to bathroom, two double bedrooms, a large lounge/diner which is open plan to the modern fitted kitchen.
The property also comes with its own parking space and additional visitor bays. Entrance Via hardwood front door leading into the hall.
Hallway Doors to all rooms, textured ceiling, three built in cupboards one housing the meters and fuses, one housing the water tank, security entrance phone, wall mounted electric heater.
WC Low level wc, textured ceiling. Bathroom Pedestal wash hand basin, panel bath with shower over, smooth ceiling, part tiled walls.
Bedroom One Double glazed windows to the side and rear elevation, wall mounted electric heater, smooth ceiling.
Bedroom Two Double glazed windows to the side elevation, wall mounted electric heater, smooth ceiling.
Lounge Double glazed window to the front elevation, double glazed patio door leading onto the front elevation, smooth ceiling, open plan to the kitchen.
Kitchen A range of wall and base units with a roll top work surface incorporating a sink with a mixer tap over, integral halogen hob with an extractor hood over, built in eye level double oven, space for a fridge/freezer and washing machine, part tiled walls, smooth ceiling.
Outside One parking space, outside brick store, communal gardens, visitor parking bays. Peppercorn ground rent £150 per calendar month service charge Lease expires in 2190
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 Longmead Court, Langstone
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