Summary - Elm Grove, Southsea, PO5 1JP PO5 1JG
2 bed 1 bath Flat
Immediate rental income opportunity minutes from seafront and Palmerston Road attractions.
- Two bedrooms with private garden access
- Allocated off-street parking to rear
- Current tenants pay £1,100pcm (can be sold vacant)
- Small overall size: approx 423 sq ft
- Lease approx 102 years remaining
- Service charge c. £1,800pa; ground rent £200pa
- Heating by electric storage heaters (higher running costs)
- Property in a high-crime postcode (verify local data)
A compact two-bedroom garden apartment in central Southsea offering clear buy-to-let potential or a first home close to Palmerston Road and the seafront. The layout includes a bright lounge opening to a fitted kitchen, two bedrooms with garden access, and a private allocated parking space — practical features for renters and owners alike.
The property can be sold with vacant possession or with tenants in situ currently paying £1,100pcm, presenting an immediate rental income option. The internal finish is modern with integrated kitchen appliances, laminate flooring and a white bathroom suite, reducing short-term refurbishment needs.
Important considerations are factual and straightforward: the flat is small at around 423 sq ft, heated by electric storage heaters, and sits in a higher-crime postcode. The lease has approximately 102 years remaining; annual service charge is about £1,800 and ground rent £200. Double glazing is installed but predates 2002, and the building dates from the early 20th century.
Overall this is a practical, low-maintenance investment or starter home in a well-connected urban location. Buyers seeking larger accommodation or low-running-cost central heating should note the size and electric heating type before viewing.
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