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Flat 2, 43, Marmion Road, SOUTHSEA, Hampshire, PO5 2AT
Marketed by:
Barnard Marcus
Sovereign House, 361 King St, London W6 9NA, UK
020 8741 9990
2 Bed Flat, Southsea
Flat 2, 43, Marmion Road, SOUTHSEA, Hampshire, PO5 2AT
Unsold
£100,000+
Key Features
2-bedroom flat
Leasehold
Description
Second floor two-bedroom apartment Refurbished condition with extended lease Ideally placed in the centre of Southsea Tenure Leasehold Lease Details The Lease is dated 6th June 2025 from and including 6th June 2025 to and including 24th March 2175 with a peppercorn ground rent. Location Situated in the heart of Southsea opposite Waitrose Supermarket, this apartment is within walking distance of a range of shops, cafés and restaurants found in the town centre, as well as the seafront and Southsea Common. The property benefits from public transport links, with nearby regular bus services and access to both Portsmouth & Southsea and Fratton train stations. Description This two bedroom second floor apartment has been recently fully refurbished and is being offered with an extended lease. Benefitting from spacious accommodation, newly fitted double glazing and gas central heating (not tested), this property would make an ideal investment purchase in a central Southsea location. Accommodatio
Location
Property located at Flat 2, 43, Marmion Road, SOUTHSEA, Hampshire, PO5 2AT.
Investment Analysis
Investment Snapshot
Guide Price | £100,000+ |
Tenure | Leasehold |
Property Type | Residential |
EPC | Not stated |
Published Rent | Not stated |
Initial Refurbishment Allowance | £5,000–£10,000 |
Suggested Strategy | Buy-to-Let / Owner-Occupier |
Property & Refurbishment
Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.
Rental Analysis
No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.
GDV / Resale Analysis
No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.
Properties Sold Within Approx. 5 Miles
No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.
Investor Risks & Due Diligence
Review the full legal pack and title before bidding
Confirm all auction administration / contract charges
Verify property condition and obtain appropriate surveys
Confirm refurbishment costs with contractor quotations
Confirm lease length, ground rent, service charge and major works
Recommendation
Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.
Strategy Rating
Buy-to-Let: ★★★★☆
BRRR: ★★★☆☆
Flip: ★★★☆☆
Auction Details :
Barnard Marcus
Auction Date :
10/09/26
Lot Number :
164
Property Location:
Flat 2, 43, Marmion Road, SOUTHSEA, Hampshire, PO5 2AT
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