2-bedroom flat · PO12 2LN
For saleListed 1 day
Opportunity summary
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About
* Fenwicks are pleased to offer for sale this superbly presented and deceptively spacious first-floor apartment, boasting many character features.
The property is situated within a short walking distance of Alverstoke village and Stokes Bay seafront.
* The Accommodation Comprises:- The property has its own front door accessed from an enclosed outside area, with stairs leading to the first floor.
Hallway:- First floor hallway providing access to the accommodation.
Lounge:- 18' 11'' x 14' 3'' (5.76m x 4.34m) maximum measurements A characterful living room featuring a bay window with sash windows, two double radiators, picture rail, high ceilings and an open fire set within a surround.
Kitchen/Dining Room:- 14' 3'' x 13' 5'' (4.34m x 4.09m) Fitted with a range of modern wall and base units with square-edged worktop surfaces.
Features include a gas cooker to remain, one-and-a-half-bowl sink unit, Smeg fridge/ freezer to remain, two sash windows, double radiator and a cupboard housing the gas-fired heating boiler.
Bedroom One:- 13' 7'' x 13' 5'' (4.14m x 4.09m) maximum measurements Two sash windows, fitted carpet, double radiator and built in cupboard. A ladder provides access to a loft room.
Loft Area One:- 9' 8'' x 7' 5'' (2.94m x 2.26m) Accessed via a ladder from Bedroom One and featuring a skylight window.
Bedroom Two:- 10' 3'' x 8' 4'' (3.12m x 2.54m) Single glazed window, radiator, door to walk-in wardrobe. A ladder provides access to a loft room.
Walk-in Wardrobe:- 9' 9'' x 3' 11'' (2.97m x 1.19m) A separate walk-in wardrobe accessed from Bedroom Two.
Loft Area Two:- 9' 9'' x 7' 3'' (2.97m x 2.21m) Accessed via a ladder from Bedroom Two and featuring a skylight window.
Bathroom:- Fitted with a panelled bath with tiled surrounds and shower over, wash hand basin, WC, tiled floor with underfloor heating, extractor vent, inset ceiling lighting, single glazed window.
Lease Information:- The property benefits from a share of the freehold. The vendors currently pay a maintenance charge in the region of £150 per month.
The property is offered for sale with no onward chain.
General Information:- Construction: Traditional Water Supply: Portsmouth Water Sewerage: Mains Electric Supply: Mains Gas Supply: Mains Mobile & Broadband coverage: Flood risk:
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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FAQ
About Rodney House, Paget Road, Alverstoke, Gosport, PO12
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