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See how verdicts work2-bedroom flat · PO2 8LA
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
REFURBISHED TWO BEDROOM FLAT ** NO FORWARD CHAIN ** NEW KITCHEN & BATHROOM ** EXCELLENT INVESTMENT / FIRST TIME PURCHASE ** GAS CENTRAL HEATING ** MOVE IN READY Offered with NO FORWARD CHAIN, this refurbished two bedroom first floor flat, situated in Newcomen Court on Newcomen Road is an excellent opportunity for first time buyers looking to get onto the property ladder or investors seeking a buy-to-let opportunity.
The accommodation comprises an entrance hall, a living/dining room, a newly fitted kitchen, two bedrooms and a modern bathroom.
The kitchen itself is complete with an oven with gas hob and extractor fan, plumbing for washing facilities and space for a fridge /freezer.
The property has been refurbished throughout, providing a fresh modern feel and allowing the new owner to move straight in and enjoy their new home.
Further benefits include gas central heating and double glazing.
Conveniently located in the Stamshaw area of Portsmouth, the property is ideally positioned for access to local amenities, transport links and everyday essentials.
An ideal first time purchase or investment opportunity. Early viewing is highly recommended to appreciate all that this property has to offer.
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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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.
Area
Agent & docs
FAQ
About Newcomen Road, Portsmouth
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