2-bedroom house · PO6 1BU
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are excited to bring to the market this delightful two-bedroom retirement apartment, which is situated on the ground floor of the ever-popular Langstone Court complex in Drayton.
The spacious property has a lovely southerly facing aspect and is bright and airy, boasting warm tones and neutral décor throughout.
The good-sized primary bedroom has been fitted with additional wardrobes, providing extra useful storage, whilst the second bedroom offers versatile living space if needed – perhaps a secondary reception or study.
The modern kitchen benefits from a westerly facing window and is fully equipped with appliances, with a good range of storage units.
We feel that the heart of the home is the open-plan living/dining room, with its feature fireplace surround for cosy evenings and ample space for table & chairs to entertain with family and friends.
The bathroom is designed for accessibility and comfort, being fully tiled with a 'P-shaped' bath with shower over and modern fixtures, WC and vanity wash basin.
Langstone Court is a high quality, securely gated development and offers outstanding communal facilities to include:- the Raffles Lounge with its extensive roof terrace boasting far reaching views of The Solent and Portsmouth, two good sized buggy stores, two communal lounge/entertaining rooms, two laundry rooms, hairdressing salon, a fabulous guest suite, family room, sun deck terrace, communal gardens, 24/7 care line, lodge manager and ample parking.
Due to the popularity of this complex, we are holding an OPEN DAY this weekend – SATURDAY 23rd MAY. Call the Drayton office to secure your appointment!
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.
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About Langstone Court, Drayton
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