Summary - Flat 6 The Crescent, Gunwharf Quays, PORTSMOUTH PO1 3SY
1 bed 1 bath Apartment
Ready-made rental in central waterfront location near transport and attractions.
Tenant in situ — immediate rental income potential
Private decked patio accessed from lounge
Electric underfloor heating throughout (energy efficient)
Allocated off-street parking space included
Leasehold with c.177 years remaining
Service charge approx £3,157 per annum
Ground rent £150 per annum
Located in a cosmopolitan student neighbourhood; local crime level high
Set within the sought-after Crescent at Gunwharf Quays, this second-floor one-bedroom apartment offers immediate rental income with a tenant in situ. The open-plan living space flows to a private decked patio, providing an outdoor amenity unusual for city apartments. Electric underfloor heating throughout improves energy efficiency and tenant comfort.
Practical features include a modern fitted kitchen with integrated appliances, a spacious double bedroom with fitted wardrobes, and an allocated off-street parking space. The property sits close to Portsmouth Harbour station, ferry links and the Historic Dockyard, supporting strong demand from commuters, tourists and students.
This is a leasehold investment with approximately 177 years remaining. Annual service charges are approximately £3,157 and ground rent is £150. The immediate income opportunity is balanced by the running costs and the local context — the area is a cosmopolitan, student-rich neighbourhood and has a higher local crime level, which may influence tenant profile and insurance costs.
Overall, the apartment suits investors seeking a low-management, city-centre rental with long-lease security and outside space. Buyers should factor in service charges, ground rent and the local demographic when assessing yield and long-term plans.
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