Summary - FLAT 3, LORD CLIVE 1-3, BROOKFIELD ROAD PO1 5HZ
1 bed 1 bath Flat
Immediate rental income in central Portsmouth with allocated parking.
Sold with tenants in situ paying £850 pcm (gross yield c.7.55%)
A compact ground-floor one-bedroom apartment offered as a lettable investment with tenants in situ paying £850 pcm (gross yield c.7.55%). The flat has its own private entrance, allocated off-street parking and communal covered bike storage — practical features that suit a buy-to-let buyer wanting immediate income.
Internally the home is tidy and functional: an open-plan lounge/kitchen with fitted units and integrated hob/oven, a double bedroom and a shower room. Double glazing and gas central heating are in place; the accommodation is small-to-average in size and low-maintenance, making it straightforward to manage from day one.
Important considerations: the property is leasehold (approx. 106 years remaining), annual service charge around £1,288 and ground rent £125 pa. The surrounding area is classified as deprived with above-average crime rates — factors that will influence long-term capital growth and tenant demand. The exterior shows signs of age and may require remedial works over time.
This is best suited to investors seeking an immediate, let income in central Portsmouth or a buyer comfortable with small urban living who accepts limited external space. Verify lease/charges and tenancy details with your solicitor; the flat is sold with tenants in situ so viewings will be accompanied and subject to notice.
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