Compact investment flat with private patio and parking near transport links.
- Private courtyard patio accessed from the lounge
- Allocated off-street parking space included
- Short walk to Portsmouth Harbour station and Historic Dockyard
- 130 years remaining on the lease, chain free
- Service charge approximately £2,400 per year
- Ground rent £150 per year
- Electric storage heaters and electricity-fuelled heating only
- Located in a high-crime, student-dominated, deprived neighbourhood
Set in the Admiralty Quarter close to Portsmouth Harbour station and the Historic Dockyard, this one-bedroom apartment offers straightforward city-centre rental appeal and immediate occupancy thanks to no forward chain. The open-plan living/kitchen flows onto a private courtyard patio — a rare outdoor space for city flats — and the property includes allocated off-street parking and lift access.
With 130 years remaining on the lease and an estimated rental potential of around £1,200pcm, the flat suits buy-to-let investors or buyers seeking a low-maintenance city base. The building is modern, double-glazed and maintained, but service charges are notable at about £2,400 per year and ground rent is £150 annually, so running costs should be factored into yield calculations.
Practical considerations: heating is by electric storage heaters and the main fuel is electricity (no communal gas), which can affect energy costs and tenant appeal. The property sits in a busy, multicultural, student-dominated neighbourhood with higher local crime and wider area deprivation indicators — likely to influence the tenant profile and resale market.
Overall, this is a compact, contemporary apartment offering a secure income opportunity in a highly connected city location. Investors should balance the decent lease length and outdoor space against service charges, heating type, and local area characteristics when assessing returns.
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