Summary - Arundel House, Portsmouth PO1 1NL
2 bed 1 bath Apartment
**Standout Features:**
- Modern 2-bedroom apartment in central Portsmouth
- Currently tenanted yielding £1,000 per month (16.67% gross yield)
- Open-plan living/kitchen with contemporary finishes
- Chain-free sale and no forward chain for quick occupancy
- 115 years left on the lease
**Notable Concerns:**
- High crime rate in the area
- Average thermal transmittance of property’s walls
- Ongoing service charges of £2,200 per year and ground rent of £536
This contemporary 2-bedroom apartment located in Portsmouth presents an excellent opportunity for both investors and first-time buyers. With a spacious, open-plan living area and a modern kitchen equipped with integrated appliances, it is designed for comfortable living. The property is situated in a diverse and vibrant multicultural neighborhood, making it appealing for rental opportunities, particularly with its current tenants providing an immediate return of £1,000 per month. While the high crime rate is a consideration for potential buyers, the apartment’s attractive yield and chain-free status compensate by allowing for a swift acquisition. Boasting a solid lease of 115 years and convenient access to local amenities and transportation, this property could be an ideal investment or starter home in a highly desirable location. Don't miss your chance to explore this investment opportunity—properties like this won't last long!
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