2-bedroom house · PO5 3HZ
Sold STCReduced £15k (−7.1%) on 24 MayListed 459 days
Opportunity summary
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About
COMMUNAL ENTRANCE Security entry phone system, door into:- COMMUNAL FOYER Lift and stairs to all floors, access to communal facilities.
FRONT DOOR Leading into:- HALLWAY Cupboard housing hot water cylinder, consumer unit and electric meter, emergency pull cord, carpeted, electric radiator.
BATHROOM 6' 10" x 5' 6" (2.09m x 1.69m) Shower cubicle with thermostatic shower, wash basin, close couple WC, carpeted.
BEDROOM ONE 13' 7" x 9' 3" (4.15m x 2.83m) Double glazed window to front elevation, carpeted, electric radiator, built-in wardrobes, emergency pull cord.
BEDROOM TWO 14' 2" x 8' 5" (4.32m x 2.58m) Double glazed window to front elevation, carpeted, electric radiator, built-in dressing table and seating, emergency pull cord.
LOUNGE 15' 7" into bay x 18' 10" into bay (4.77m x 5.75m) Double glazed bay window to front elevation, two electric radiators, electric feature fireplace, newly laid carpet, emergency pull cord.
KITCHEN 5' 8" x 8' 1" (1.73m x 2.47m) Fitted kitchen comprising a range of wall and base level units incorporating roll edge work surfaces, stainless steel sink and drainer unit, electric oven and hob, space for under counter fridge/freezer, tiled to principal areas and vinyl flooring.
OUTSIDE Pretty, landscaped residents' garden and residents' off road parking (on a first come, first serve basis).
RESIDENTS FACILITIES Communal gardens, laundry room, residents' lounge, guest suite, house manager, 24 hour emergency Careline response system. AGENTS NOTE: COUNCIL TAX Band C.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Queens Crescent, Southsea
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