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See how verdicts work2-bedroom flat · PO1 3TH
Sold STCListed 271 days
Opportunity summary
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About
OVERVIEW Immaculately presented second-floor two bedroom apartment in the prestigious Blake House at Gunwharf Quays, offered with no forward chain.
Gunwharf Quays is one of the South Coast's most desirable waterfront destinations, offering a unique blend of luxury living, vibrant leisure, and coastal charm.
Set around a historic marina and beneath the iconic Spinnaker Tower, the development combines contemporary waterside homes with an exceptional array of designer outlet shopping, award-winning restaurants, cafés, and bars - all just moments from your doorstep.
Residents enjoy a true lifestyle location, with scenic harbour walks, excellent transport links including Portsmouth Harbour Station and cross-Channel connections, and easy access to London and the wider South Coast.
The marina setting creates a relaxed yet sophisticated atmosphere, ideal for those seeking both convenience and quality of life.
Living at Gunwharf Quays means enjoying stunning sea views, a strong sense of community, and the rare opportunity to experience coastal living without compromise - whether as a main residence, second home, or investment.
PROPERTY DESCRIPTION An exceptional second-floor apartment set within the prestigious Blake House at Gunwharf Quays, immaculately presented and offered with no forward chain.
Designed for effortless coastal living, this beautifully appointed home offers two generous double bedrooms, including a beautiful main bedroom with a stylish en-suite shower room.
Both bathrooms are finished to an impressive standard, featuring elegant neutral décor, floor-to-ceiling tiling, and bespoke fitted storage, creating a refined and contemporary ambience.
The heart of the apartment is the stunning kitchen breakfast room, perfectly positioned to capture breathtaking views across the harbour and towards the iconic Spinnaker Tower - an inspiring space for both everyday living and entertaining.
The spacious living and dining room is flooded with natural light and opens onto a private balcony overlooking the vibrant Gunwharf Quays waterfront, with its boutiques, restaurants, and striking views of the Spinnaker Tower and beyond perfect for evening drinks and enjoying the sunsets!
The main bedroom enjoys the added luxury of its own south-facing balcony, offering tranquil views over the beautifully maintained communal areas and a subtle glimpse of the sea - ideal for morning coffee or evening relaxation.
Further benefits include two secure underground parking spaces, complemented by two visitor parking permits.
Offered with no forward chain and ready to move into, this superb apartment presents a rare opportunity to enjoy a premium waterside lifestyle in one of Portsmouth's most desirable locations.
ROOM MEASUREMENTS HALLWAY - 6' 7" x 7' 11" (2.01m x 2.41m and 9' 10" x 9' 10" (3m x 3m) LIVING/DINING ROOM - 12' 7" x 22' 9" (3.84m x 6.93m) BALCONY - 13' 2" x 7' 6" (4.01m x 2.29m) KITCHEN/BREAKFAST - 9' 5" x 16' 2" (2.87m x 4.93m) MAIN BEDROOM -10' 3" x 13' 7" (3.12m x 4.14m) EN SUITE - 5' 7" x 10' 0" (1.7m x 3.05m) BALCONY - 10' 0" x 4' 3" (3.05m x 1.3m) BEDROOM TWO - 9' 10" x 11' 6" (3m x 3.51m) BATHROOM - 6' 3" x 7' 5" (1.91m x 2.26m) ALLOCATED PARKING Two allocated underground secure parking spaces and 2 visitor parking permits.
MATERIAL INFORMATION - Price (£) - 575,000 - Tenure - Leasehold - Length of lease (years remaining) - 172 Years - Annual service charge amount (£) 3788.00 - Service Charge Reviewed Annually * Annual Ground Rent -231.84 - Council tax band (England, Wales and Scotland) - Band E - 100% of the ownership of the apartment being sold - Mains Water Supply - Mains Electricity - Heating - Electric Heating - Broadband - Fibre available - Parking- Two allocated underground parking spaces plus 2 visitor permits - Mobile Signal/Coverage- ADSL Fibre Checker (openreach.com) - Building Safety-No issues - Restrictions- Subject To Lease and Covenants - Flooding - Refer to (GOV.UK (check-long-term-flood-risk.service.gov.uk) 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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