Summary - 98 CORNWELL CLOSE GOSPORT PO13 9QN
2 bed 1 bath Maisonette
Tenanted two-bedroom with immediate high-yield potential.
Top-floor two-bedroom maisonette with separate study
A top-floor, two-bedroom maisonette arranged over two levels, offered with immediate rental income and no onward chain. The property is currently tenanted and delivers a reported yield in excess of 10%, making it a clear income-first purchase for a cash investor.
Practical features include two double bedrooms, a study, a 14ft living room with a balcony, off-street residents' parking and a generous-sized kitchen. The building dates from the 1950s–60s, has external insulation applied and upgraded double glazing (post-2002).
Buyers should note this is a leasehold purchase with around 90 years remaining and an annual service charge of about £1,800 (£150 pcm). Heating is by electric storage heaters and the property is a system-built end-terrace — these points may affect running costs and future mortgage options.
The local area scores as very deprived with above-average crime and constrained rental demand characteristics, but there are nearby primary and secondary schools, bus links and good mobile signal. Suited to investors seeking immediate cash return rather than long-term refurbishment-driven upside.
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