Summary - 1 FLAT 46 GUNWHARF QUAYS PORTSMOUTH PO1 3FR
1 bed 1 bath Apartment
Income-producing one-bedroom flat with parking and concierge in waterside Gunwharf Quays.
Seventh-floor one-bedroom apartment with balcony and waterside views
Sold with tenants in situ, currently let at £1,700 pcm
Allocated off-street parking and 24/7 concierge included
178 years remaining on lease; leasehold tenure
Average service charge approx £2,816 per year
Electric underfloor heating — potential for higher running costs
Located in a busy, cosmopolitan student neighbourhood; high crime rate
Approx 484 sq ft — compact, low-maintenance apartment
A compact seventh-floor one-bedroom apartment in Gunwharf Quays, offered to investors with tenants in situ generating £1,700 pcm. The open-plan living area, double bedroom and private balcony make this a straightforward, low-management rental in a popular waterside location. The block provides allocated off-street parking and a 24/7 concierge, supporting tenant demand in this central, amenity-rich neighbourhood.
The property is leasehold with 178 years remaining and an average service charge of approximately £2,816 per year. Heating is electric underfloor, glazing is modern double glazing, and the flat measures about 484 sq ft. These low-maintenance specifications suit a hands-off investor profile, though electric heating can mean higher running costs compared with gas.
Material considerations for buyers: the flat is sold with tenants in situ, so it’s delivered income-producing but not vacant for immediate personal occupation. The local area records higher crime rates, which may affect some tenant profiles and insurance costs. The flat occupies a modern mid-2000s development in a busy, cosmopolitan student and city-centre neighbourhood — strong for rental demand but less ideal for long-term families seeking quiet streets.
Overall, this is a practical buy-to-let in a well-connected, amenity-dense location. It suits investors seeking immediate income, long lease security and easy property management, while those after low-running costs or a quiet residential setting should factor in the electric heating and local area characteristics before viewing.
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