1-bedroom house · PO5 4DG
Listing removedListed 614 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Retirement apartment with long lease & no forward chain! A bright and airy first floor retirement home situated within Homesea House, Green Lane.
The property briefly comprises a southerly aspect living room, modern fitted kitchen with integral appliances, bathroom, and nice size double bedroom with built-in wardrobe.
The property is well-presented throughout but the neutral décor offers the chance to put your own stamp on things.
The residence boasts a host of communal facilities on site including; laundry room, guest suite, residents' lounge and communal off road parking on a first come, first serve basis.
Contact our Marmion Road branch to arrange your internal viewing. Retirement apartment with long lease & no forward chain!
A bright and airy first floor retirement home situated within Homesea House, Green Lane.
The property briefly comprises a southerly aspect living room, modern fitted kitchen with integral appliances, bathroom, and nice size double bedroom with built-in wardrobe.
The property is well-presented throughout but the neutral décor offers the chance to put your own stamp on things.
The residence boasts a host of communal facilities on site including; laundry room, guest suite, residents' lounge and communal off road parking on a first come, first serve basis.
Contact our Marmion Road branch to arrange your internal viewing.
Communal entrance Security entrance and communal hallway with lift and stairs to all floors, access to communal facilities, door to flat 45.
Hallway Doors to all rooms, security entry phone, carpeted, emergency pull cord.
Bathroom 6' 7" x 5' 4" (2.03m x 1.64m) Panel enclosed bath with electric shower, low level WC, wall mounted wash basin, electric towel rail radiator, tiled to principal areas.
Bedroom 11' 3" x 8' 7" (3.45m x 2.62m) Double glazed window to front elevation, carpeted, electric radiator, wardrobe, emergency pull cord.
Living room 14' 8" x 10' 6" (4.48m x 3.22m) Double glazed window to front elevation overlooking communal garden, carpeted, electric radiator, emergency pull cord, opening to:- kitchen 5' 4" x 7' 3" (1.63m x 2.21m) Fitted kitchen comprising a range of wall and base level units incorporating roll edge work surfaces, sink with mixer tap and drainer unit, electric oven and hob, integral fridge and freezer, tiled to principal areas.
Outside Landscaped communal gardens, residents' and visitor parking (on a first come, first serve basis). Communal areas Residents' lounge, communal laundry room and guest suite.
Agents notes: council tax Band A.
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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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 45 Homesea House, Green Road, Southsea
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