Summary - SHERATON GATE, 103 FLAT 19 CLARENDON ROAD SOUTHSEA PO4 0SL
1 bed 1 bath Apartment
- Ground-floor one-bedroom, approx. 375 sq ft
- Tenant in residence; sold with tenancy in place
- Share of freehold included
- Short walk to Southsea seafront and shops
- Lease c.85 years remaining
- Electric room heaters; pre-2002 double glazing
- Cavity walls likely uninsulated; potential retrofit costs
- Local area records higher crime rates
A compact, ground-floor one-bedroom apartment on Clarendon Road, a short walk from Southsea seafront and Palmerston Road amenities. The flat is sold with a tenant in situ, offering immediate rental income and a straightforward investment purchase. It benefits from a share of freehold and a modern bathroom suite alongside an open-plan kitchen/living area.
The property is small (approx. 375 sq ft) and has basic electric room heaters and double glazing installed before 2002. Built before 1900, the building is Victorian in character but the cavity walls are assumed to have no insulation — consider potential improvement costs to raise energy efficiency and tenant comfort.
Practical details for investors: the lease has about 85 years remaining, council tax is very low, and broadband and mobile signal are strong. Note the local area shows higher-than-average crime and an urban, cosmopolitan neighbourhood mix; this may affect rental demand and insurance costs.
This flat suits a buy-to-let purchaser seeking an affordable entry into the Southsea market with near-term rental return. Expect modest ongoing maintenance, possible upgrade works to heating and insulation, and the constraints of a small footprint when marketing to future tenants.
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