Chain-free two-bed flat in Victorian terrace — ideal for first-time buyers or investors..
Chain-free two-bedroom flat in Victorian mid-terrace building
121-year lease remaining — standard leasehold costs apply
Service charge c. £1,241 pa; ground rent £100 pa
High front-room ceilings and large bay-window feel bright
Kitchen small with low/sloped ceiling — limited headroom
Cavity walls assumed uninsulated; potential retrofit needed
Fast broadband, mains gas heating, low local crime rate
Area classified as deprived — affects long-term growth prospects
Set on Northern Parade, this chain-free two-bedroom flat offers an accessible entry point to Portsmouth ownership or a straightforward buy-to-let. The property sits in a Victorian mid-terrace with period character to the front, a bright lounge with high ceilings and a large front window that brings in street-level light. The layout includes a sizeable lounge, two bedrooms, kitchen, utility room and family bathroom across a multi-storey arrangement.
Practical details support a clear budget: a long lease (121 years remaining), mains gas central heating, double glazing and fast broadband. Annual running costs include a service charge around £1,241 and a small ground rent of £100. Council tax is described as very cheap, and the area records low crime and direct bus routes into the city, plus nearby Hilsea Lines for walks — useful for both residents and renters.
Be clear about the main limitations. The building is an older Victorian construction with cavity walls that are assumed uninsulated; buyers should expect potential energy-efficiency works. The kitchen has a lower/sloped ceiling and is modest in size, and some routine updating or minor refurbishment may be needed depending on buyer standards. The wider neighbourhood is classified as deprived/hampered aspiration, which affects long-term capital-growth expectations and mortgage/insurance considerations.
Overall this flat will suit first-time buyers seeking a no-chain purchase in a well-connected city location, or investors wanting a straightforward let with immediate rental appeal. Factor in leasehold fees and possible retrofit costs when assessing value.
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