Summary - Flat 19, 42 Arundel Street PO1 1NL
2 bed 1 bath Apartment
Move-in ready apartment near university and shops, ideal for buy-to-let investors.
Vacant, recently renovated two-bedroom apartment, ready to occupy or let
Open-plan kitchen/living room with integrated electric oven and hob
Compact overall size — approximately 537 sq ft
Very long lease: 986 years (positive for mortgages and resale)
Annual service charge £1,560; annual ground rent £200
Sold at auction via secure online bidding — terms apply
Located in a high-crime, very deprived area — may affect rental demand
Excellent transport links and walking distance to the university
This recently renovated two-bedroom apartment sits in central Portsmouth, a short walk from the university, shops and transport links. The property is vacant and presented with a modern open-plan kitchen/living area, double glazing and electric central heating — ready for immediate occupation or let.
At 537 sq ft the accommodation is compact but well laid out, with a large kitchen/lounge and two modest bedrooms. A very long lease (986 years) and low council tax band A add practical benefits for buyers; the current finish reduces initial refurbishment costs.
Buyers should note the property is being sold at auction via secure online bidding — sale terms apply. Annual service charge (£1,560) and ground rent (£200) are payable. The building sits in a high-crime, very deprived part of the city, which may affect rental demand and insurance costs.
For investors the location offers clear buy-to-let appeal because of proximity to the university and strong local rental market, but purchase decisions should reflect the area’s socioeconomic challenges and running costs. First-time buyers seeking central access and a move-in ready home may also find value, provided they are comfortable with the surrounding neighbourhood and auction purchase process.
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