Summary -
30 Vista,Fratton Way,SOUTHSEA,PO4 8FD
PO4 8FD
2 bed 2 bath Flat
Immediate rental income with established tenants and modern apartment features.
Two bedrooms and two bathrooms including an ensuite
Balcony and lounge; average-sized overall (753 sq ft)
Shared private off-street parking and rear communal garden
Currently tenanted producing £15,300 gross per year (long-term tenants)
Approximate gross yield ~9.6% at asking price £160,000
Leasehold tenure; a Buyers Premium applies on purchase
Located in an area with very high crime and notable deprivation
Excellent mobile signal and fast broadband; near shops and transport
This two-bedroom, two-bathroom flat in Southsea is presented primarily as an income-producing opportunity. At a purchase price of £160,000 and current gross annual rent of £15,300, the property yields approximately 9.6% gross — attractive for buy-to-let investors seeking immediate rental income without voids.
The apartment occupies a modern mid-rise development and includes a living room with balcony, kitchen, ensuite, and shared rear garden with off-street parking. Tenants have occupied the flat for several years and intend to remain, providing continuity of income and reduced management risk in the short term.
Buyers should note material considerations: the property is leasehold, a Buyers Premium applies to secure the sale, and the local area records very high crime levels and higher-than-average deprivation. These factors can affect long-term capital growth and tenant demand in some market segments.
For investors, the combination of an established tenancy, good transport links, fast broadband and plentiful local amenities supports ongoing rental demand. For developers or investor-operators, the property’s size and layout also present straightforward repositioning or refurbishment potential, subject to lease terms and planning. Full investment figures and tenancy paperwork are available in the Let Property Pack for due diligence.
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