Summary - JOSAPHINE MEWS, 173 - 175 FLAT 1 NEW ROAD PORTSMOUTH PO2 7QS
2 bed 1 bath House
Affordable two-bedroom ground-floor flat with a long lease and low maintenance in central Portsmouth.
Two double bedrooms and separate lounge in a ground-floor flat
Approx 543 sq ft — compact internal space throughout
130 years remaining on lease — long lease term
Service charge £806 pa and ground rent £150 pa
Private entrance and central location near shops and buses
Brick-built rear shed provides external storage
Area classed as deprived; average local crime statistics
Suitable for investment or first-time purchase, limited living space
A ground-floor two-bedroom flat in central Portsmouth that suits first-time buyers and buy-to-let investors seeking a compact, low-maintenance home. The flat offers a private entrance, a separate lounge and two double bedrooms across approximately 543 sq ft — practical living in a city-centre location close to shops and frequent bus links.
The lease is long (130 years remaining) and the property has modest recurring costs: a service charge of £806 per year and ground rent of £150 per year. The accommodation is straightforward and clean but compact; the kitchen and bathroom are practical rather than spacious. A brick-built shed at the rear provides useful external storage.
This is a realistic purchase for someone prioritising location and low upkeep over generous internal space. The area is classified as deprived with average local crime statistics, so buyers should consider longer-term neighbourhood factors alongside the affordable price and strong rental demand potential.
Overall this flat is best for buyers wanting an affordable entry into Portsmouth’s market or investors looking for a centrally located let with a long lease and clear running costs. Any buyer should allow for limited living space and check lease and service arrangements during conveyancing.
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