PO2 0NB - 1 bed ground floor industrial flat in London Road, PO2 0NB

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1 bedroom flat for sale in Cornerstone House, London Road, Portsmouth, Hampshire, PO2 0NB, PO2

Summary - Flat 31, 120 London Road PO2 0NB

1 bed 1 bath Flat

Affordable one-bedroom with high ceilings and convenient transport links.
Private ground-floor entrance and converted industrial character
High ceilings and large windows for strong natural light
Compact overall size: approximately 433 sq ft
Leasehold with 117 years remaining
Service charge £434.29 per year; ground rent £250 per year
Sold at auction — Secure Sale online bidding, terms apply
No garden or balcony; fronts onto street
Local area shows high crime and deprivation indicators
This one-bedroom ground-floor apartment sits in a converted industrial building on London Road, offered at auction with a low starting bid. The property benefits from a private entrance, high ceilings and large multi-pane windows that bring generous natural light into the open-plan living space. A modern fitted kitchen, integrated appliances and a contemporary bathroom give the flat a move-in ready feel for a compact city home.

Practical costs are clear: 117 years remain on the lease, annual ground rent is £250 and the service charge is £434.29 per year. Council tax is very cheap, and the property will be sold via online auction (Secure Sale) — buyers should budget for auction terms and completion times. There is no garden or balcony and the overall internal size is small at about 433 sq ft.

Location is convenient for local shops, bus links and everyday amenities, making it suitable for a single professional or first-time buyer wanting low-maintenance city living. The surrounding area shows higher crime statistics and local deprivation indicators; buyers should consider personal safety and rental demand if letting. The apartment’s characterful industrial shell and high ceilings offer scope for aesthetic upgrades or reconfiguration within its compact footprint.

Sold chain-free, this flat is a straightforward opportunity for someone prioritising price, location and low running costs over outdoor space or large rooms. Buyers must be comfortable with leasehold ownership, auction purchase mechanics and an urban neighbourhood context.

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