Summary - Hannover House Hannover House 29-31 Kingston Crescent, Portsmouth, Hampshire, PO2 8AA PO2 8AA
2 bed 1 bath Apartment
Income-ready apartment with parking and modern fit ideal for investors or first buyers.
- Two bedrooms in a compact 457 sq ft layout
- Currently tenanted achieving £950 PCM (income-generating)
- Allocated off-street parking space and lift access
- Modern kitchenette and bathroom; double glazing present
- Leasehold with c.116 years remaining
- Annual service charge approx. £1,512; ground rent £200
- Small overall size; limited living space and traditional layout
- Local area: very deprived classification and very high crime
A compact two-bedroom leasehold apartment in North End, Portsmouth, offered with an allocated off-street parking space and lift access. The flat is finished to a modern standard with a kitchenette-style lounge, two carpeted bedrooms and a three-piece bathroom. It is currently tenanted, producing £950 PCM, making it immediately income-generating for a buyer seeking rental return.
Practical running costs include an annual service charge of approximately £1,512 and ground rent of £200. The lease has around 116 years remaining. The property is small (about 457 sq ft) and arranged in a traditional layout, so it will suit buyers comfortable with apartment living rather than larger family accommodation.
Location offers easy access to local shops, frequent public transport links and nearby schools rated Good to Outstanding. Be aware the immediate area is classified as very deprived and local crime levels are reported as very high, which may affect long-term capital growth and tenant profiles.
Suitable for investors or first-time buyers seeking a buy-to-let with immediate income or an affordable city-base, but buyers should factor in communal charges, local area considerations and the small overall size when deciding to view.
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