2-bedroom flat · PO4 9YD
Listing removedListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available from mid-September, this exceptional two-bedroom ground-floor apartment is situated within the highly sought-after Marine Gate estate, just moments from Southsea seafront.
Combining generous living space, high ceilings, excellent storage, and quality finishes throughout, this impressive property is ideally suited to a professional couple or single occupant seeking something a little special.
Dack Lettings are delighted to present this beautifully appointed two-bedroom ground-floor apartment, located within the prestigious Marine Gate development, just a short distance from Southsea seafront.
The property offers an impressive and spacious living and dining room, featuring a wealth of south-facing windows which flood the room with natural light.
Patio doors provide direct access to the communal gardens, while an extensive range of fitted bookcases and storage adds both character and practicality to this wonderful living space.
The modern Neptune kitchen has been thoughtfully designed and is fitted with a range of integrated appliances, including a dishwasher and washing machine, along with an oven and hob.
The generous principal bedroom benefits from fitted wardrobes and a stylish en-suite shower room.
The second double bedroom is equally versatile, featuring a pull-down bed and additional storage, making it ideal as a guest bedroom, home office, or study.
A fully tiled wet room with shower provides the main bathroom facilities.
Throughout the property, high ceilings, carefully considered decorative touches, and an abundance of fitted storage create a sophisticated yet practical living environment.
Further benefits include gas central heating, private residents' parking, access to communal gardens, and use of the residents' tennis courts.
Ideally positioned within easy reach of Southsea seafront and local amenities, this unique apartment offers an excellent opportunity for a professional couple or single person looking for spacious accommodation with an additional touch of luxury.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 2, The Drill House, Clocktower Drive, Southsea
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