Summary - PEELERS GATE 7-9 FLAT 1 WAYTE STREET COSHAM PORTSMOUTH PO6 3AR
2 bed 1 bath Apartment
Chain-free modern flat with parking, ready for cash buyers or investors.
• Ground-floor two-bedroom apartment with open-plan reception diner
• Allocated off-street parking plus visitor permit parking
• Large bathroom with double shower; modern fitted kitchen
• Secure communal entrance, lift access, and entry-phone system
• No onward chain — ready for quick completion
• Short lease: 79 years remaining; lenders may refuse mortgages
• Service charge £2,168 pa and ground rent £100 pa
• Located in an area with very high crime and high deprivation
This ground-floor two-bedroom apartment in Cosham offers a spacious open-plan reception/diner, modern kitchen, and a large bathroom with a double shower. Sold with no forward chain and one allocated parking space, it suits buyers seeking immediate possession or a buy-to-let opportunity.
Practical benefits include double glazing, gas central heating via radiators, a secure communal entrance with lift and entry phone, and visitor permit parking. The property’s layout and 632 sq ft size provide comfortable living for professionals, couples or investors looking for an easily managed home close to local amenities and transport links.
Important negatives are material: the remaining lease is 79 years and mortgage lenders may refuse typical buy-to-mortgage applications. The service charge is £2,168 pa and ground rent £100 pa — buyers should factor these recurring costs into affordability. The area records very high crime and significant deprivation, which may affect long-term resale or tenancy quality.
Overall, the apartment is best for cash buyers or experienced landlords able to manage lease extension costs or tenants in a challenging local market. Viewing is recommended for those who prioritise a chain-free purchase, on-site parking and a low-maintenance, modern-flat layout.
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