Summary - THE ROUND HOUSE FLAT 148 GUNWHARF QUAYS PORTSMOUTH PO1 3SH
2 bed 1 bath Apartment
Two-bed fifth-floor investment, tenanted and cash-buy only in a high-demand harbour location..
Currently let to tenants at £1,200 pcm (investors only)
A fifth-floor two-bedroom apartment in The Round House, Gunwharf Quays, presented explicitly as an investor purchase. The property is currently let at £1,200 pcm and is offered with no onward chain — a straightforward addition to a rental portfolio.
The flat has an open-plan living/dining/kitchen with large windows that flood the space with light and provide city-harbour views. The accommodation includes a double master bedroom, a smaller second bedroom ideal for a single occupant or home office, and a bathroom with a full-size bath and shower attachment. The layout and neutral decor make it simple to relet with minimal spend.
Key ownership facts are positive for buy-to-let clarity: a long lease (around 109 years), double glazing, and lift access to all floors. Running costs and charges should be factored in: an average service charge of approximately £2,200pa and ground rent of £200pa. Heating is electric via room heaters — expect higher energy bills than gas-heated flats.
Material practical points: the building sits in a busy, cosmopolitan student and city neighbourhood with excellent transport links and many nearby amenities, which supports rental demand. However the area records higher crime levels and broadband speeds are reported as very slow. This unit is for cash buyers only and currently let, so it suits investors seeking immediate rental income rather than owner-occupiers.
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