PO5 1JF - 1 bedroom flat for sale in Elm Grove, Southsea, PO5

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1 bedroom flat for sale in Elm Grove, Southsea, PO5

Summary - Elm Court, 49, Elm Grove PO5 1JF

1 bed 1 bath Flat

**Standout Features:**
- Ideal investment opportunity with a **current yield of 6.3%** net
- Central Southsea location, a stone's throw from Palmerston Road shopping and the seafront
- Chain-free, making for a smooth transaction
- Newly fitted **double glazing** and electric heating
- Accommodation includes a living room/kitchen open-plan layout, a double bedroom, and a bathroom

**Potential Concerns:**
- Leasehold property with a **service charge of £1,380**
- Age of building suggests potential maintenance concerns; built **before 1900**
- High local crime rate, which may be a consideration for some buyers

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This charming second-floor flat located in the vibrant heart of Southsea presents a rare opportunity for either first-time buyers or investors. Spanning approximately 441 sq. ft., the property features a modern, open-plan kitchen and living area, a cozy double bedroom, and a neatly fitted bathroom, all infused with classic Victorian character, evident in its stunning brick facade. Enjoy the benefits of being close to shops, cafes, and the seafront while also having newly installed double-glazing to enhance comfort and energy efficiency.

Though some may view the building’s age as a potential concern, the flat is in good condition and offers the versatility for future renovations or personal touches. With a low asking price of **£105,000**, and the added incentive of no forward chain, this competitively priced flat promises not to last long on the market—ideal for clients seeking a comfortable home in a lively neighborhood or investors looking for a strong rental yield. Grab this opportunity before it vanishes!

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