Two-bedroom ground-floor flat with tenant in situ and allocated parking — ready income for investors..
Tenanted investment — currently let at £925 pcm
Allocated off-street parking plus visitor bays
Approximately 146 years remaining on lease
Service charge and buildings insurance circa £1,000 pa
Electric heating (room heaters) — higher running costs possible
Double glazed windows installed post-2002
Ground-floor location — easy access but limited privacy
Area recorded as above-average crime — verify locally
This ground-floor, two-bedroom flat on Copnor Road is presented primarily as an investment purchase. It is offered with sitting tenants paying £925 pcm, making it immediately income-generating for a buyer seeking a buy-to-let holding. The building is a well-maintained 1980s brick block with secure communal entrance, allocated parking and visitor bays — practical features that appeal to lettings and tenant retention.
Internally the apartment is a compact, neutrally finished home with a good-sized lounge, fitted kitchen and a modern white bathroom. Double glazing and contemporary lighting are in place; the layout is straightforward and low-maintenance, suiting long-term tenants or those seeking a hands-off investment. The remaining lease term is approximately 146 years, and the property benefits from off-street allocated parking — useful in this urban setting.
Notable considerations: heating is electric with room heaters rather than gas central heating, which can mean higher energy costs and may influence tenant demand. The service charge and buildings insurance are quoted at around £1,000 pa and the property sits in an area reported as having above-average crime; both are material for buyers and lenders to check. The sale is with tenants in situ, which limits immediate vacant-possession refurbishment but preserves rental income.
This flat suits investors wanting an income-producing asset in Portsmouth or purchasers seeking a compact, low-maintenance home with long lease security. All lease, service charge and tenancy details should be independently verified prior to offer.