Summary - Admiralty Road, Portsmouth, Hampshire PO1 3GT
1 bed 1 bath Apartment
Chain-free, let and ready for investors seeking immediate rental income.
Larger-than-average one-bedroom apartment (approx. 400 sq ft)
A compact, larger-than-average one-bedroom apartment in Admiralty Quarter, offered with a tenant in situ — a practical pick for investors seeking immediate rental income. The third-floor flat has lift access, secure allocated off-street parking and 24-hour concierge, all useful for tenant appeal and long-term lettability.
Internally the open-plan living/kitchen is modern and well presented with built-in appliances and double glazing. The property sits on a 132-year lease, with modest ground rent and council tax described as cheap. Communal gardens and communal management add convenience and security.
Buyers should note material negatives plainly: the neighbourhood is classified as a cosmopolitan, student-focused area with high crime levels and wider local deprivation, which affects tenant profiles and potential capital growth. The service charge is relatively high at about £2,300 per year and the heating is electric storage heaters — both factors that influence running costs and future tenant demand.
Overall, this is straightforward investment stock: chain-free, let and ready to continue producing rental income, but best suited to investors who accept the area profile and ongoing service/energy costs. Those seeking a long-term home should weigh the neighbourhood and running expenses against the apartment’s low-maintenance, modern fit-out.
1 bedroom apartment for sale in Admiralty Road, Portsmouth, Hampshire, PO1 — £112,500 • 1 bed • 1 bath • 400 ft²
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