Summary - Apartment 17, Charter House, Lord Montgomery Way PO1 2SG
3 bed 2 bath Flat
Chain‑free Victorian three‑bed near university and seafront — lease length requires attention.
Three double bedrooms with ensuite in one room
Large lounge/diner and modern open-plan kitchen/sitting area
Chain-free sale — available for quick completion
Close to university campus, seafront and excellent transport links
Leasehold with ~75 years remaining — lenders may refuse mortgages
Ground rent £200 pa; council tax moderate
Area classified as very deprived with high crime rate
Solid brick Victorian building; likely needs insulation/efficiency work
This three-bedroom upper-floor apartment in Southsea sits within a Victorian building close to the university campus and seafront, making it an obvious pick for investors targeting student or short‑let rentals. The property offers a large lounge/diner, modern open-plan kitchen/sitting area, a shower room and an ensuite to one bedroom — practical living spaces ready for immediate occupation or let.
Key strengths are its location and chain-free status: no onward chain speeds up purchase, and the flat’s proximity to transit links, shops and the university supports steady tenant demand. The building retains period character and high ceilings that add appeal and rental premium potential with sympathetic refurbishment.
Important cautions: the flat is leasehold with approximately 75 years remaining. That term may limit mortgage availability or require lender/lease-extension costs at purchase. The area is classified as very deprived with a high crime rate, which will affect rental values and tenant profiles. The building’s solid-brick construction likely lacks cavity insulation, so fabric and energy-efficiency upgrades should be budgeted for.
For an investor prepared to manage lease considerations and refurbishment, this property offers clear rental prospects due to location and size. Buyers seeking mortgage finance should check lender policies on remaining lease length before committing. Viewing is recommended to assess condition and to price any necessary works.
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