Summary - Flat A, 117 High Street PO12 1DU
2 bed 1 bath Flat
Compact two-bed flat with tenant in place — strong immediate rental return.
Prime town-centre location, steps from shops and ferry terminal
A compact two-bedroom first-floor apartment in the heart of Gosport town centre, positioned for convenience with shops on the doorstep and a short walk to the ferry for Portsmouth and Southsea. The apartment has a modern, low-maintenance open-plan living and kitchen area, two bedrooms and a shower room — practical accommodation aimed at lettings or straightforward owner-occupation.
Currently let on an Assured Shorthold Tenancy at £865 pcm until January 2026, the property delivers an immediate rental return (current gross yield approx. 10.7%). The long lease (117 years remaining), modest annual service charge (£300) and small ground rent (£125) help keep ongoing ownership costs low.
Buyers should note material local factors: the area is classified as very deprived with a high local crime rate, and heating is by electric room heaters rather than a central system. The apartment is small (about 570 sq ft) and best suited to investors, commuters or anyone prioritising location and low-maintenance living over large internal space.
Fast broadband and excellent mobile signal support rental demand from commuters and younger tenants. This is a straightforward, city-centre investment with clear cashflow from an in-place tenancy, balanced by local socio-economic challenges that may affect tenant profiles and long-term capital growth.
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