Summary - Flat 2 Henry Court House, 223, West Street PO16 0DT
1 bed 1 bath Apartment
Chain-free one-bed with tenant and parking — immediate income in Fareham town centre..
- Tenant in situ paying £895 pcm (approx. 9.3% gross yield)
- One bedroom ground-floor apartment, approx. 366 sq ft
- Allocated off-street parking space to the rear
- Long lease remaining (around 105–108 years)
- Service charge £1,009 every six months; ground rent £150 pa
- Chain-free sale with immediate income stream
- Small size and compact open-plan layout may limit market
- Local area records above-average crime; consider rental pricing
A compact one-bedroom ground-floor apartment offered with a long lease and a sitting tenant producing £895 pcm (approx. 9.3% gross yield at the asking price). The flat is presented in good order, benefits from gas central heating, double glazing and an allocated off-street parking space to the rear — practical features for lettings and low-maintenance ownership.
Located within easy walking distance of Fareham town centre and Fareham Train Station, the property suits buy-to-let investors seeking immediate income and minimal void risk. The building provides secure communal entry and a residents’ car park; convenience for commuters and town-based tenants is a clear plus.
Notable costs and considerations: the lease began in 2005 with around 105–108 years remaining, a service charge of £1,009 payable every six months, and an annual ground rent of £150. The apartment is small at approximately 366 sq ft, and the local area records above-average crime — factors investors should factor into rental strategy and pricing.
Chain-free and already tenanted, this apartment is positioned as an income-producing purchase rather than a long-term family home. It will suit investors wanting immediate rent roll with straightforward management, while buyers seeking spacious accommodation or family living should note the compact layout and central-town setting.
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