Income-producing two-bed flat with spectacular Solent views and uplift potential.
Tenant in situ paying £925 PCM (immediate rental income)
Ninth-floor flat with far-reaching Solent and Portsmouth views
EWS1 certificated; lift to all floors and allocated parking
Purpose-built, post-2012 construction with gas central heating
Small overall size (~587 sq ft) — compact two-bedroom layout
Leasehold tenure; potential service/ground rent obligations
Slow broadband speeds and located in a very deprived area
EPC rating C; similar flats achieving higher rents on re-let
This ninth-floor, purpose-built two-bedroom flat offers strong rental fundamentals and striking Solent views — a straightforward buy-to-let for investors seeking immediate income. The property is EWS1 certificated, has lift access, an allocated parking space and double glazing, and benefits from an open-plan living/kitchen with a Juliet balcony capturing far-reaching views to Portsmouth and the Isle of Wight.
The flat is sold with a tenant in situ paying £925pcm, providing instant rental return. Similar nearby units currently achieve higher rents, indicating uplift potential at re-letting. The building is modern (post-2012 construction) with gas central heating and an EPC rating of C, supporting ongoing tenant demand.
Buyers should note material points: the flat is leasehold, overall internal size is small (approx. 587 sq ft), broadband speeds are reported slow and the surrounding area is classified as very deprived. These factors may limit capital growth and appeal to some tenants. The current tenancy and condition appear practical rather than premium — suitable for hands-on landlords or investors planning modest refurbishment.
Location strengths include proximity to Alver Valley country park, nearby seafronts at Lee-on-the-Solent and Stokes Bay, local shops and a Tesco under half a mile away. Access to buses and good mobile signal support rental occupancy. Consider this as a lower-management, income-producing asset with scope to increase rent or improve yield with targeted upgrades.
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