Summary - Pennant House, Cross Street, Portsmouth PO1 3FT
2 bed 2 bath Flat
Allocated parking and minutes from Gunwharf for convenient city living.
Two double bedrooms, master with en-suite
Step into a bright, modern ground-floor flat with two double bedrooms and a practical open-plan living/kitchen. The master bedroom includes an en-suite, and the layout suits first-time buyers or buy-to-let purchasers seeking low-maintenance city living close to Gunwharf Quays.
Practical strengths include allocated off-street parking, vacant possession with no onward chain, and a long lease (117 years). The property's 733 sq ft footprint offers a comfortably proportioned living room/kitchen and useful storage, finished in neutral tones ready for immediate occupation or letting.
This lot is being sold at auction. Bidders should note the sale terms: a non-refundable 5% deposit on exchange, a reservation fee (up to 6% inc. VAT, minimum £7,200), and additional buyer fees; full Legal Pack review is advised before bidding. Service charge is reported at £2,020 and ground rent £220 per year.
Be frank about the setting: the area is classified as deprived with higher local crime rates, and heating is via a community scheme. These factors affect insurance, running costs and appeal to some tenants; seek solicitor advice and review the lease and service charge documents before proceeding.
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