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See how verdicts work2-bedroom flat · PO5 3LX
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GREAT OPPORTUNITY TO PURCHASE THIS SPACIOUS SEAFRONT APARTMENT WITH SEA VIEWS.
The property is currently laid out as a 1 bedroom apartment but has the benefit of being able to increase the footprint of the property considerably due to the owners acquisition of an additional part of the building (on a separate title) which could be incorporated subject to some reconfiguration.
We are pleased to bring to the market what could be a 2 bedroom 2nd/3rd floor apartment which has attractive views of The Solent and Southsea Common.
Offered with a share of freehold with 990 years remaining on main lease. This spacious apartment comprises a large bedroom, impressive lounge, fitted kitchen and bathroom.
The additional accommodation comprises a reception room, raised bedroom area, shower room.
Located in Central Southsea close to amenities, Southsea Seafront, shops, bars, restaurants, cafes, supermarkets and transport links. Communal Entrance - Stairs to 2nd floor.
Flat Front Door Leading To: - Entrance Hall - Under stairs storage area, radiator.
Lounge - 7.65m into bay 4.17m (25'1 into bay 13'8) - Double glazed bay window to front with views of The Solent and Southsea Common.
Feature fireplace with mantle piece, 3 radiators, archway to: Kitchen - 1.98m x 4.45m (6'6 x 14'7) - Double glazed window to front with views of The Solent and Southsea Common.
Butler sink, wall and base cupboards with work surfaces over. Range oven, washing machine and fridge freezer.
Bedroom - 5.56m x 3.89m (18'3 x 12'9) - Sash window to rear, feature fireplace, radiator, coved ceiling.
Bathroom - 2.26m x 2.21m (7'5 x 7'3) - Suite comprising bath, WC, wash hand basin, cupboard housing boiler, double glazed window to side.
Additional Accommodation - Hall - Shower Room - 2.31m x 1.12m (7'7 x 3'8) - Shower cubicle, WC, wash hand basin, double glazed window to side.
Reception Area - 3.25mx 2.90m (10'8x 9'6) - Double glazed window to rear, door to fire escape, stairs to 3rd floor bedroom area. Bedroom Area - 3.84m x 2.36m (12'7 x 7'9) - Two skylight windows.
Additional Information - Tenure - Share of freehold Lease - 999 Years from1st September 2017 - 990 Years remaining.
Lease for additional accommodation 99 years from1st January 1978 - 51 years remaining.
Service Charges - £3039.75pa includes buildings insurance Ground Rent - N/A Lease length - 999 years from 1st September 2017 (990 years remaining approximately) The information provided about this property does not constitute or form part of an offer or contract, nor may it be used as a representation.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply they have been tested.
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 Osborne Road, Southsea
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