Summary -
Flat 13 Hamilton Court,Ashby Place,SOUTHSEA,PO5 3NP
PO5 3NP
1 bed 1 bath Flat
Immediate rental income with private underground parking and garden.
Annual gross income £10,200 from long-term tenant
A one-bedroom leasehold flat in Hamilton Court, Ashby Place, offered with a long-term tenant in situ and private underground parking. The property produces an annual gross income of £10,200, presenting an income-producing purchase for a buyer seeking immediate cashflow. The 93-year lease remaining is typical for purpose-built flats but should be checked for service charge and ground rent details.
The apartment sits in a modern mid-rise block close to shops, transport and local amenities, making it easy to let. The flat is described as average-sized with a comfortable living room, modern bathroom and a single bedroom. Private underground parking and a garden are listed as benefits for tenants and occupiers.
Buyers should note material drawbacks: the area records high crime and is classified as deprived, broadband speeds are very slow, and the property is sold with a tenant who does not intend to vacate. A buyer’s premium applies on purchase. Prospective purchasers – particularly investors and developers – should review the Let Property Pack, verify rent and outgoings, and carry out an in-person inspection and legal checks before committing.
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