Turnkey two-bed investment close to Portsmouth Harbour transport and waterfront amenities.
Two double bedrooms, master with fitted wardrobes and en suite
Open-plan living/dining/kitchen with private balcony and good natural light
Allocated secure parking plus visitor parking permits included
Currently let at £1,900 pcm; tenancy runs to March 2026
Long lease remaining (approximately 174 years)
Service charge approx. £2,600 pa and ground rent £300 pa
Council tax above average; local crime levels reported high
Average broadband speeds; excellent mobile signal and transport links
Set on the second floor of Brecon House in Gunwharf Quays, this well-presented two-bedroom apartment offers a turnkey investment with tenants in situ until March 2026. The open-plan living/dining/kitchen, private balcony and en suite master create broad tenant appeal for professionals seeking waterfront convenience. Allocated secure parking and lift access add practical value.
The property is currently let at £1,900 pcm and has a proven record of low voids, making it attractive to buy-to-let purchasers seeking immediate income. The long lease (174 years remaining) and contemporary finish reduce short-term maintenance risk, though routine service charge and ground rent apply.
Buyers should note the annual service charge of about £2,600 and ground rent of £300, which impact net yield calculations. The local area is busy and cosmopolitan with excellent transport links—Portsmouth Harbour station is within walking distance—but recorded local crime levels are high and council tax is above average. Broadband speeds are only average in the building.
This apartment suits investors wanting a low-management, centrally located rental plus those considering downsizing to a modern, secure waterside development. The tenancy in place offers certainty of income but means buyers must buy with the tenant’s contract until March 2026.