Summary - 129B LONDON ROAD PORTSMOUTH PO2 9AA
1 bed 1 bath Apartment
Immediate rental income with long lease and refurbishment potential.
One-bedroom top-floor flat above mixed-use high street units
This top-floor one-bedroom flat sits above a mixed-use high street in North End, Portsmouth, and offers a straightforward buy-to-let or refurbishment purchase. The property is currently tenanted, producing a rent of £725 pcm, which provides immediate income for an investor prepared to take the flat as-is.
The apartment requires updating throughout: electrical and heating rely on electric room heaters, and the building appears to have solid brick walls with no known insulation. While double glazing is installed, the accommodation would benefit from cosmetic and systems improvements to increase rent or resale value.
Practical strengths include a very long lease (150 years), no ground rent or service charge, convenient access to bus routes and local shops, and low council tax (Band B). Buyers should note the wider area has high crime levels and higher deprivation indicators, factors that will influence tenant demand and long-term capital growth.
This property will be sold at auction via secure online bidding. It suits investors seeking immediate rental income and hands-on refurbishment potential, or buyers looking for an affordable entry into Portsmouth’s rental market with scope to add value.
1 bedroom apartment for sale in 32-54 Arundel Street, Portsmouth, Hampshire, PO1 1NL, PO1 — £70,000 • 1 bed • 1 bath • 431 ft²
1 bedroom apartment for sale in 120 London Road, Portsmouth, Hampshire, PO2 0NB, PO2 — £110,000 • 1 bed • 1 bath • 433 ft²
2 bedroom apartment for sale in Arundel Street, Portsmouth, Hampshire, PO1 1NL, PO1 — £85,000 • 2 bed • 1 bath • 537 ft²
1 bedroom apartment for sale in Ground Floor Flat, 144 Laburnum Grove, Portsmouth, City of Portsmouth, PO2 0ET, PO2 — £115,000 • 1 bed • 1 bath • 599 ft²
1 bedroom flat for sale in Arundel House, Arundel Street, Portsmouth, PO1 — £70,000 • 1 bed • 1 bath • 431 ft²
1 bedroom apartment for sale in 204 London Road, Portsmouth, Hampshire, PO2 9JE, PO2 — £80,000 • 1 bed • 1 bath • 366 ft²
